SBI Mandi Mandi Himachal Pradesh MICR CODE

Find MICR Codes for SBI Mandi Mandi Himachal 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 Mandi
Contact	0-9779586823
Bank Details	State Bank Of India Cac Mandi SBIN0061973

Location	Mandi, Mandi
City	Mandi
District	Mandi
State	Himachal Pradesh
Pincode	175001
Country	IN
Address	Sbi main branch,gandhi chowk mandi,tehsil mandi distt mandi hp 175001

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 Mandi 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 Mandi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Cac Mandi 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 -

>>Bhangrotu >>Bir Road >>Cac Mandi >>Mandi >>Mandi >>Ner Chowk >>R And Db Racc Mandi >>Rbo Mandi >>Sundernagar >>Thunag

MICR code for SBI Cac Mandi

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

Use of State Bank Of India MICR code for Cac Mandi branch in mandi

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