SBI Narsinghpur Narsinghpur Madhya Pradesh MICR CODE

Find MICR Codes for SBI Narsinghpur Narsinghpur Madhya Pradesh

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MICR Code	487002011
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	Banwari
Contact	07791-241736
Bank Details	State Bank Of India Banwari SBIN0007721

Location	Narsinghpur, Narsinghpur
City	Narsinghpur
District	Narsinghpur
State	Madhya Pradesh
Pincode	487660
Country	IN
Address	Teh gadarwara, dt narsinghpur, m p 487660

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 487002011 for Banwari 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 487002011 of State Bank Of India, Banwari branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Banwari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of State Bank Of India are available with micr code -

>>Adb Narsinghpur >>Banwari >>Cac Narsinghpur >>Chichli >>Khamariya >>Krishi Upaj Mandi Gotegaon >>Narsinghpur >>Racc Mandla Fi And Mm >>Racc Narsinghpur Fi And Mm

MICR code for SBI Banwari

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 Banwari 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. 487002011 is the MICR code of SBI Bank for Banwari branch. MICR code for Banwari 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 Banwari is presented in the table alongside.

Use of State Bank Of India MICR code for Banwari branch in narsinghpur

The MICR code 487002011 is used in RBI cheque clearing process to identify the branch Banwari 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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