SBI Haldia East Medinipur West Bengal MICR CODE

Find MICR Codes for SBI Haldia East Medinipur West Bengal

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basudevpur
Contact Ip:750402, 03224-274145
Bank Details State Bank Of India Basudevpur SBIN0008226
Location Haldia, East Medinipur
City Haldia
District East Medinipur
State West Bengal
Pincode 721662
Country IN
Address P.o. Khanjanchak t. Purba medinipur west bengal 721662
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 721002010 for Basudevpur 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 721002010 of State Bank Of India, Basudevpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Basudevpur 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 -

>>Basudevpur >>Ioc Haldia Ref Campus

MICR code for SBI Basudevpur

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 Basudevpur 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. 721002010 is the MICR code of SBI Bank for Basudevpur branch. MICR code for Basudevpur 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 Basudevpur is presented in the table alongside.

Use of State Bank Of India MICR code for Basudevpur branch in haldia

The MICR code 721002010 is used in RBI cheque clearing process to identify the branch Basudevpur 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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