SBI Bidar Bidar Karnataka MICR CODE

Find MICR Codes for SBI Bidar Bidar 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 Bidar
Contact Ip:856421,08482-223403,222391,226321,226082
Bank Details State Bank Of India Bidar SBIN0001972
Location Bidar, Bidar
City Bidar
District Bidar
State Karnataka
Pincode 585401
Country IN
Address Udgir road distt bidar karnataka 585401
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bidar
Contact 226880
Bank Details State Bank Of India Bidar SBIN0040394
Location Bidar, Bidar
City Bidar
District Bidar
State Karnataka
Pincode 585401
Country IN
Address Bidar,karnataka,bidar 585 401
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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 585002102 for Bidar 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 585002102 of State Bank Of India, Bidar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bidar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Bidar

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 Bidar 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. 585002102 is the MICR code of SBI Bank for Bidar branch. MICR code for Bidar 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 Bidar is presented in the table alongside.

Use of State Bank Of India MICR code for Bidar branch in bidar

The MICR code 585002102 is used in RBI cheque clearing process to identify the branch Bidar 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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