SBI Bazpur Udhamsingh Nagar Uttrakhand MICR CODE

Find MICR Codes for SBI Bazpur Udhamsingh Nagar Uttrakhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bazpur
Contact Ip:314031
Bank Details State Bank Of India Bazpur SBIN0000617
Location Bazpur, Udhamsingh Nagar
City Bazpur
District Udhamsingh Nagar
State Uttrakhand
Pincode 262401
Country IN
Address Bazpur, udhamsinghnagar, uttarakhand 262401
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 262002091 for Bazpur 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 262002091 of State Bank Of India, Bazpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bazpur 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 -

>>Bazpur

MICR code for SBI Bazpur

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 Bazpur 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. 262002091 is the MICR code of SBI Bank for Bazpur branch. MICR code for Bazpur 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 Bazpur is presented in the table alongside.

Use of State Bank Of India MICR code for Bazpur branch in bazpur

The MICR code 262002091 is used in RBI cheque clearing process to identify the branch Bazpur 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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