SBI Eluru Eluru Andhra Pradesh MICR CODE

Find MICR Codes for SBI Eluru Eluru Andhra Pradesh

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MICR Code	-NA-
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	Cac Eluru
Contact
Bank Details	State Bank Of India Cac Eluru SBIN0061423

Location	Eluru, Eluru
City	Eluru
District	Eluru
State	Andhra Pradesh
Pincode	534002
Country	IN
Address	Upstairs, main branch, eluru,534002-(a.p.)

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 Cac Eluru 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, Cac Eluru branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Cac Eluru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of India are available with micr code -

>>Cac Eluru >>Mini Racpc Nuzvid >>Santhinagar Eluru

MICR code for SBI Cac Eluru

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 Cac Eluru 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 Cac Eluru branch. MICR code for Cac Eluru 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 Cac Eluru is presented in the table alongside.

Use of State Bank Of India MICR code for Cac Eluru branch in eluru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Cac Eluru 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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