SBI Chandrapur Chandrapur Maharashtra MICR CODE

Find MICR Codes for SBI Chandrapur Chandrapur Maharashtra

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MICR Code	442002007
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	Cement Nagar
Contact	112649 07172-285163,285013
Bank Details	State Bank Of India Cement Nagar SBIN0006872

Location	Chandrapur, Chandrapur
City	Chandrapur
District	Chandrapur
State	Maharashtra
Pincode	442502
Country	IN
Address	Dist chandrapur maharashtra 442502

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 442002007 for Cement Nagar 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 442002007 of State Bank Of India, Cement Nagar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Cement Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of State Bank Of India are available with micr code -

>>Babupeth Chandrapur >>Ballarpur >>Cement Nagar >>Chandrapur >>Chandrapur >>Chandrapur Ind Estate >>Dsh Chandrapur Fi Dsh >>Forest Camp Midc Chandrapur >>Jatpura Gate >>Mini Cash Administration Cell Chandrapur >>Mini Racpc Chandrapur >>R And Db Racc Chandrapur >>Rajura >>Rcpc Chandrapur >>Sbiintouch Chandrapur >>Sme Branch Bramhapuri >>Sme Chandrapur Branch

MICR code for SBI Cement Nagar

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 Cement Nagar 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. 442002007 is the MICR code of SBI Bank for Cement Nagar branch. MICR code for Cement Nagar 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 Cement Nagar is presented in the table alongside.

Use of State Bank Of India MICR code for Cement Nagar branch in chandrapur

The MICR code 442002007 is used in RBI cheque clearing process to identify the branch Cement Nagar 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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