SBI Kolkata North 24 Parganas West Bengal MICR CODE

Find MICR Codes for SBI Kolkata North 24 Parganas West Bengal

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Broad Street
Contact 9674719018
Bank Details State Bank Of India Broad Street SBIN0016628
Location Kolkata, North 24 Parganas
City Kolkata
District North 24 Parganas
State West Bengal
Pincode 700019
Country IN
Address 19b broad street, kolkata, distt.kolkata. West bengal-700019
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 Broad Street 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, Broad Street branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Broad Street branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of India are available with micr code -

>>Agarpara Texmaco Area >>Alam Bazar >>Broad Street >>Cf Block Salt Lake >>Hatiara >>Hni Elgin Road >>Kamarhati >>Kestopur >>P.B.B. Jodhpur Park >>Sme(North Kolkata) Chiriamore

MICR code for SBI Broad Street

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 Broad Street 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 Broad Street branch. MICR code for Broad Street 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 Broad Street is presented in the table alongside.

Use of State Bank Of India MICR code for Broad Street branch in kolkata

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