SBI Chandrapur Chandrapur Maharashtra MICR CODE

Find MICR Codes for SBI Chandrapur Chandrapur Maharashtra

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MICR Code	442002006
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ballarpur
Contact	Ip-109581
Bank Details	State Bank Of India Ballarpur SBIN0003078

Location	Chandrapur, Chandrapur
City	Chandrapur
District	Chandrapur
State	Maharashtra
Pincode	442901
Country	IN
Address	Opp. To bus stand, ballarpur, dist. Chandrapur

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 442002006 for Ballarpur branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 442002006 of State Bank Of India, Ballarpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ballarpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of State Bank Of India are available with micr code -

>>Babupeth Chandrapur >>Ballarpur >>Cement Nagar >>Chandrapur >>Chandrapur >>Chandrapur Ind Estate >>Dsh Chandrapur Fi Dsh >>Forest Camp Midc Chandrapur >>Jatpura Gate >>Mini Cash Administration Cell Chandrapur >>Mini Racpc Chandrapur >>R And Db Racc Chandrapur >>Rajura >>Rcpc Chandrapur >>Sbiintouch Chandrapur >>Sme Branch Bramhapuri >>Sme Chandrapur Branch

MICR code for SBI Ballarpur

SBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of India MICR code for Ballarpur is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 442002006 is the MICR code of SBI Bank for Ballarpur branch. MICR code for Ballarpur branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for State Bank Of India Ballarpur is presented in the table alongside.

Use of State Bank Of India MICR code for Ballarpur branch in chandrapur

The MICR code 442002006 is used in RBI cheque clearing process to identify the branch Ballarpur and State Bank Of India bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of SBI Bank is typically in either of these two font’s: E-138 and CMC-7.

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