SBI Devinagar Pakur Jharkhand MICR CODE

Find MICR Codes for SBI Devinagar Pakur Jharkhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Devinagar
Contact Bm-9431590826
Bank Details State Bank Of India Devinagar SBIN0008459
Location Devinagar, Pakur
City Devinagar
District Pakur
State Jharkhand
Pincode 816106
Country IN
Address Podevinagar,dt pakur,jharkhand 816106
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 816002613 for Devinagar 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 816002613 of State Bank Of India, Devinagar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Devinagar 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 -

>>Devinagar

MICR code for SBI Devinagar

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 Devinagar 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. 816002613 is the MICR code of SBI Bank for Devinagar branch. MICR code for Devinagar 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 Devinagar is presented in the table alongside.

Use of State Bank Of India MICR code for Devinagar branch in devinagar

The MICR code 816002613 is used in RBI cheque clearing process to identify the branch Devinagar 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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