SBI Kolar Batlahalli Karnataka MICR CODE

Find MICR Codes for SBI Kolar Batlahalli Karnataka

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Batlahalli
Contact 247331
Bank Details State Bank Of India Batlahalli SBIN0040303
Location Kolar, Batlahalli
City Kolar
District Batlahalli
State Karnataka
Pincode 563123
Country IN
Address Batlahalli, kolar, karnataka, batlahalli 563 123
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 Batlahalli 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, Batlahalli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Batlahalli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Batlahalli

MICR code for SBI Batlahalli

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 Batlahalli 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 Batlahalli branch. MICR code for Batlahalli 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 Batlahalli is presented in the table alongside.

Use of State Bank Of India MICR code for Batlahalli branch in kolar

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