SBI Bhandari Wokha Nagaland MICR CODE

Find MICR Codes for SBI Bhandari Wokha Nagaland

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MICR Code	785002523
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhandari
Contact	9435411553
Bank Details	State Bank Of India Bhandari SBIN0007444

Location	Bhandari, Wokha
City	Bhandari
District	Wokha
State	Nagaland
Pincode	362248
Country	IN
Address	Dist,wokha,nagaland,362248

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 785002523 for Bhandari 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 785002523 of State Bank Of India, Bhandari branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bhandari 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 -

>>Bhandari

MICR code for SBI Bhandari

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 Bhandari 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. 785002523 is the MICR code of SBI Bank for Bhandari branch. MICR code for Bhandari 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 Bhandari is presented in the table alongside.

Use of State Bank Of India MICR code for Bhandari branch in bhandari

The MICR code 785002523 is used in RBI cheque clearing process to identify the branch Bhandari 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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