SBI Dhamarra Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for SBI Dhamarra Bhopal Madhya 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 Dhamarra
Contact Tel: 07565-284528
Bank Details State Bank Of India Dhamarra SBIN0007725
Location Dhamarra, Bhopal
City Dhamarra
District Bhopal
State Madhya Pradesh
Pincode 463101
Country IN
Address Dist bhopal, madhya pradesh 463101
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 463002004 for Dhamarra 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 463002004 of State Bank Of India, Dhamarra branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Dhamarra 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 -

>>Dhamarra

MICR code for SBI Dhamarra

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 Dhamarra 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. 463002004 is the MICR code of SBI Bank for Dhamarra branch. MICR code for Dhamarra 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 Dhamarra is presented in the table alongside.

Use of State Bank Of India MICR code for Dhamarra branch in dhamarra

The MICR code 463002004 is used in RBI cheque clearing process to identify the branch Dhamarra 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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