SBI Panchkula Barwala Haryana MICR CODE

Find MICR Codes for SBI Panchkula Barwala Haryana

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barwala
Contact 256358
Bank Details State Bank Of India Barwala SBIN0051222
Location Panchkula, Barwala
City Panchkula
District Barwala
State Haryana
Pincode 134118
Country IN
Address Chandigarh naraingarh nye pass roadvpo barwaladistt panchkulaharyana 134118
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barwala
Contact 242373
Bank Details State Bank Of India Barwala SBIN0050603
Location Panchkula, Barwala
City Panchkula
District Barwala
State Haryana
Pincode 134118
Country IN
Address Daulatpur chowk ward no 3 bharwala 126010
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 0 for Barwala 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 0 of State Bank Of India, Barwala branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Barwala 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 -

>>Barwala >>Barwala

MICR code for SBI Barwala

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 Barwala 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. 0 is the MICR code of SBI Bank for Barwala branch. MICR code for Barwala 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 Barwala is presented in the table alongside.

Use of State Bank Of India MICR code for Barwala branch in panchkula

The MICR code 0 is used in RBI cheque clearing process to identify the branch Barwala 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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