SBI Chimur Chandrapur Maharashtra MICR CODE

Find MICR Codes for SBI Chimur Chandrapur Maharashtra

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MICR Code	442002547
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	Chimur
Contact	07170-265687, 9422506899
Bank Details	State Bank Of India Chimur SBIN0011422

Location	Chimur, Chandrapur
City	Chimur
District	Chandrapur
State	Maharashtra
Pincode	442903
Country	IN
Address	Near tahsil office at p ochandrapur distmaharashtra 442903

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 442002547 for Chimur 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 442002547 of State Bank Of India, Chimur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Chimur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Chimur

MICR code for SBI Chimur

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 Chimur 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. 442002547 is the MICR code of SBI Bank for Chimur branch. MICR code for Chimur 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 Chimur is presented in the table alongside.

Use of State Bank Of India MICR code for Chimur branch in chimur

The MICR code 442002547 is used in RBI cheque clearing process to identify the branch Chimur 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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