SBI Guna Guna Madhya Pradesh MICR CODE

Find MICR Codes for SBI Guna Guna Madhya Pradesh

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MICR Code	473002007
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	Barod
Contact	07544-261741
Bank Details	State Bank Of India Barod SBIN0009269

Location	Guna, Guna
City	Guna
District	Guna
State	Madhya Pradesh
Pincode	473101
Country	IN
Address	Barod

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 473002007 for Barod 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 473002007 of State Bank Of India, Barod branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Barod branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of State Bank Of India are available with micr code -

>>Barod >>Bavrikhera >>Cac Guna >>Collectorate Guna >>Fimm Rboii Guna >>Govt.Business Branch Guna >>Guna >>Hat Road Guna >>Mahur >>Mandi Area Guna >>Mini Racpc Guna >>Personal Banking Branch Guna >>Racc Guna Fi And Mm >>Racc Guna R And Db >>Rbo Iv Guna >>Transport Nagar Guna

MICR code for SBI Barod

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 Barod 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. 473002007 is the MICR code of SBI Bank for Barod branch. MICR code for Barod 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 Barod is presented in the table alongside.

Use of State Bank Of India MICR code for Barod branch in guna

The MICR code 473002007 is used in RBI cheque clearing process to identify the branch Barod 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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