SBI Sakti Janjgir Champa Chhattisgarh MICR CODE

Find MICR Codes for SBI Sakti Janjgir Champa Chhattisgarh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baradwar
Contact 07757-278289, 278290
Bank Details State Bank Of India Baradwar SBIN0012134
Location Sakti, Janjgir Champa
City Sakti
District Janjgir Champa
State Chhattisgarh
Pincode 495687
Country IN
Address Baradwar,main road baradwar,tah sakti,distjanjgir champa cg495687
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 110002314 for Baradwar 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 110002314 of State Bank Of India, Baradwar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Baradwar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Baradwar >>Sakti

MICR code for SBI Baradwar

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 Baradwar 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. 110002314 is the MICR code of SBI Bank for Baradwar branch. MICR code for Baradwar 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 Baradwar is presented in the table alongside.

Use of State Bank Of India MICR code for Baradwar branch in sakti

The MICR code 110002314 is used in RBI cheque clearing process to identify the branch Baradwar 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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