SBI Bikaner Bikaner Rajasthan MICR CODE

Find MICR Codes for SBI Bikaner Bikaner Rajasthan

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bikampur
Contact Ip.309427, 1535-273542
Bank Details State Bank Of India Bikampur SBIN0007394
Location Bikaner, Bikaner
City Bikaner
District Bikaner
State Rajasthan
Pincode 334001
Country IN
Address Via bajju bikaner, distt. Bikaner, rajasthan 334001
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 334002050 for Bikampur 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 334002050 of State Bank Of India, Bikampur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bikampur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Bikampur

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 Bikampur 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. 334002050 is the MICR code of SBI Bank for Bikampur branch. MICR code for Bikampur 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 Bikampur is presented in the table alongside.

Use of State Bank Of India MICR code for Bikampur branch in bikaner

The MICR code 334002050 is used in RBI cheque clearing process to identify the branch Bikampur 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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