SBI Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for SBI Mangalore Dakshina Kannada 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 Bumtwal Cross Road Mangalore
Contact 08255-233307,08255-230527(Fax),Ip-852441
Bank Details State Bank Of India Bumtwal Cross Road Mangalore SBIN0004608
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 574219
Country IN
Address Jadumarga p.o.,bantawal taluk ,dtdakshina.kannada, karnataka ,pin - 574219
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 575002019 for Bumtwal Cross Road Mangalore 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 575002019 of State Bank Of India, Bumtwal Cross Road Mangalore branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bumtwal Cross Road Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Bumtwal Cross Road Mangalore

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 Bumtwal Cross Road Mangalore 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. 575002019 is the MICR code of SBI Bank for Bumtwal Cross Road Mangalore branch. MICR code for Bumtwal Cross Road Mangalore 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 Bumtwal Cross Road Mangalore is presented in the table alongside.

Use of State Bank Of India MICR code for Bumtwal Cross Road Mangalore branch in mangalore

The MICR code 575002019 is used in RBI cheque clearing process to identify the branch Bumtwal Cross Road Mangalore 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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