SBI Dhor Jalgaon Ahmednagar Maharashtra MICR CODE

Find MICR Codes for SBI Dhor Jalgaon Ahmednagar Maharashtra

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dhor Jalgaon
Contact 2429-262035
Bank Details State Bank Of India Dhor Jalgaon SBIN0008948
Location Dhor Jalgaon, Ahmednagar
City Dhor Jalgaon
District Ahmednagar
State Maharashtra
Pincode 414501
Country IN
Address Talshevagaon,
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 414002409 for Dhor Jalgaon 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 414002409 of State Bank Of India, Dhor Jalgaon branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Dhor Jalgaon 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 -

>>Dhor Jalgaon

MICR code for SBI Dhor Jalgaon

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 Dhor Jalgaon 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. 414002409 is the MICR code of SBI Bank for Dhor Jalgaon branch. MICR code for Dhor Jalgaon 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 Dhor Jalgaon is presented in the table alongside.

Use of State Bank Of India MICR code for Dhor Jalgaon branch in dhor jalgaon

The MICR code 414002409 is used in RBI cheque clearing process to identify the branch Dhor Jalgaon 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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