SBI Beed Beed Maharashtra MICR CODE

Find MICR Codes for SBI Beed Beed Maharashtra

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MICR Code	414002388
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	Deolali
Contact	02441-230206
Bank Details	State Bank Of India Deolali SBIN0007401

Location	Beed, Beed
City	Beed
District	Beed
State	Maharashtra
Pincode	414202
Country	IN
Address	Ashtitaluk,

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 414002388 for Deolali 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 414002388 of State Bank Of India, Deolali branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Deolali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 35 branches of State Bank Of India are available with micr code -

>>Amalner >>Ambajogai >>Ambika Chowk Beed >>Ashti >>Beed >>Beed Main >>Bhir Adb >>Cac Bhir Main >>Chinchwan >>Chousala >>Deolali >>Dhanegaon >>Dhondrai >>District Sales Hub Dsh >>Fimm Racc Beed >>Georai >>Hirapur >>Kada >>Kaij >>Kille Dharur >>Madalmohi >>Manjarsumba >>Manjlegaon >>Mini Racpc Beed >>Mondha Beed >>Nagapur >>Neknoor >>Not Available >>Parli Vaijnath >>Patoda >>Patoda >>Pbb Beed >>Racc R And Db Beed >>Sme Branch Beed >>Srtr Medical College

MICR code for SBI Deolali

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 Deolali 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. 414002388 is the MICR code of SBI Bank for Deolali branch. MICR code for Deolali 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 Deolali is presented in the table alongside.

Use of State Bank Of India MICR code for Deolali branch in beed

The MICR code 414002388 is used in RBI cheque clearing process to identify the branch Deolali 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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