SBI Lavel Ratnagiri Maharashtra MICR CODE

Find MICR Codes for SBI Lavel Ratnagiri Maharashtra

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MICR Code	415002850
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	Dabhil Naka Lavel
Contact	Ip-103526, 02356-262624, 262667,
Bank Details	State Bank Of India Dabhil Naka Lavel SBIN0008236

Location	Lavel, Ratnagiri
City	Lavel
District	Ratnagiri
State	Maharashtra
Pincode	415708
Country	IN
Address	Dabhil post lavel taluka khed dist ratnagiri state maharashtra pin 415708

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 415002850 for Dabhil Naka Lavel 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 415002850 of State Bank Of India, Dabhil Naka Lavel branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Dabhil Naka Lavel 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 -

>>Dabhil Naka Lavel

MICR code for SBI Dabhil Naka Lavel

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 Dabhil Naka Lavel 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. 415002850 is the MICR code of SBI Bank for Dabhil Naka Lavel branch. MICR code for Dabhil Naka Lavel 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 Dabhil Naka Lavel is presented in the table alongside.

Use of State Bank Of India MICR code for Dabhil Naka Lavel branch in lavel

The MICR code 415002850 is used in RBI cheque clearing process to identify the branch Dabhil Naka Lavel 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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