SBI Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for SBI Visakhapatnam Vishakhapatnam Andhra Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chinamushidiwada Visakhapatnam
Contact 9492746689
Bank Details State Bank Of India Chinamushidiwada Visakhapatnam SBIN0018574
Location Visakhapatnam, Vishakhapatnam
City Visakhapatnam
District Vishakhapatnam
State Andhra Pradesh
Pincode 530027
Country IN
Address Bharathi elegance, ground floor, high way, chinamushidiwada, visakhapatnam,andhra pradesh-530051
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 Chinamushidiwada Visakhapatnam 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, Chinamushidiwada Visakhapatnam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Chinamushidiwada Visakhapatnam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Chinamushidiwada Visakhapatnam

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 Chinamushidiwada Visakhapatnam 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 Chinamushidiwada Visakhapatnam branch. MICR code for Chinamushidiwada Visakhapatnam 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 Chinamushidiwada Visakhapatnam is presented in the table alongside.

Use of State Bank Of India MICR code for Chinamushidiwada Visakhapatnam branch in visakhapatnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chinamushidiwada Visakhapatnam 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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