SBI Dhikuli Nainital Uttrakhand MICR CODE

Find MICR Codes for SBI Dhikuli Nainital Uttrakhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dhikuli (Ram Nagar)
Contact 9758039053
Bank Details State Bank Of India Dhikuli (Ram Nagar) SBIN0013412
Location Dhikuli, Nainital
City Dhikuli
District Nainital
State Uttrakhand
Pincode 244715
Country IN
Address P o ram nagar, ,distt nainital (uttrakhand)-244715
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 Dhikuli (Ram Nagar) 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, Dhikuli (Ram Nagar) branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Dhikuli (Ram Nagar) 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 -

>>Dhikuli (Ram Nagar)

MICR code for SBI Dhikuli (Ram Nagar)

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 Dhikuli (Ram Nagar) 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 Dhikuli (Ram Nagar) branch. MICR code for Dhikuli (Ram Nagar) 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 Dhikuli (Ram Nagar) is presented in the table alongside.

Use of State Bank Of India MICR code for Dhikuli (Ram Nagar) branch in dhikuli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dhikuli (Ram Nagar) 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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