SBI Baripada Mayurbhanj Orissa MICR CODE

Find MICR Codes for SBI Baripada Mayurbhanj Orissa

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MICR Code	757002008
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	Baripada Evening
Contact	9437349736
Bank Details	State Bank Of India Baripada Evening SBIN0012048

Location	Baripada, Mayurbhanj
City	Baripada
District	Mayurbhanj
State	Orissa
Pincode	757002
Country	IN
Address	At jail road, at by pobhanjpur, baripada, distmayurbhanj, distmayurbhanj, orissa, 757002

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 757002008 for Baripada Evening 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 757002008 of State Bank Of India, Baripada Evening branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Baripada Evening branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of State Bank Of India are available with micr code -

>>Baripada >>Baripada Evening >>Bazar Branch Baripada >>Medical College Campus Baripada >>Shyamakhunta >>Takatpur I E

MICR code for SBI Baripada Evening

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 Baripada Evening 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. 757002008 is the MICR code of SBI Bank for Baripada Evening branch. MICR code for Baripada Evening 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 Baripada Evening is presented in the table alongside.

Use of State Bank Of India MICR code for Baripada Evening branch in baripada

The MICR code 757002008 is used in RBI cheque clearing process to identify the branch Baripada Evening 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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