SBI Fatehgarh Sahib Fatehgarh Sahib Punjab MICR CODE

Find MICR Codes for SBI Fatehgarh Sahib Fatehgarh Sahib Punjab

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bassi Pathana
Contact Bm Mob-9876010024
Bank Details State Bank Of India Bassi Pathana SBIN0011898
Location Fatehgarh Sahib, Fatehgarh Sahib
City Fatehgarh Sahib
District Fatehgarh Sahib
State Punjab
Pincode 140471
Country IN
Address Distt. Fatehgarh sahib,punjab 140471
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 140002104 for Bassi Pathana 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 140002104 of State Bank Of India, Bassi Pathana branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bassi Pathana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of State Bank Of India are available with micr code -

>>Badali Ala Singh >>Bassi Pathana >>Reona Niwan >>Roorkee >>Sri Guru Granth Sahib World University

MICR code for SBI Bassi Pathana

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 Bassi Pathana 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. 140002104 is the MICR code of SBI Bank for Bassi Pathana branch. MICR code for Bassi Pathana 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 Bassi Pathana is presented in the table alongside.

Use of State Bank Of India MICR code for Bassi Pathana branch in fatehgarh sahib

The MICR code 140002104 is used in RBI cheque clearing process to identify the branch Bassi Pathana 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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