SBI Nagercoil Nagercoil Tamil Nadu MICR CODE

Find MICR Codes for SBI Nagercoil Nagercoil Tamil Nadu

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch District Sales Hub Iv Nagercoil
Contact 09489901965
Bank Details State Bank Of India District Sales Hub Iv Nagercoil SBIN0062439
Location Nagercoil, Nagercoil
City Nagercoil
District Nagercoil
State Tamil Nadu
Pincode 629001
Country IN
Address District sales hub 15 - nagercoil, pb no.10, 14-b distillery road, nagercoil, agastheeswaram tk, nagercoil- 629001
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 District Sales Hub Iv Nagercoil 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, District Sales Hub Iv Nagercoil branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for District Sales Hub Iv Nagercoil branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of State Bank Of India are available with micr code -

>>District Sales Hub Iv Nagercoil >>Fimm Racc Xiv Tirunelveli >>Fimm Racc Xv Nagercoil >>Fimm Rbo V Nagercoil >>R And Db Racc Nagercoil >>Rbo Five Nagercoil

MICR code for SBI District Sales Hub Iv Nagercoil

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 District Sales Hub Iv Nagercoil 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 District Sales Hub Iv Nagercoil branch. MICR code for District Sales Hub Iv Nagercoil 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 District Sales Hub Iv Nagercoil is presented in the table alongside.

Use of State Bank Of India MICR code for District Sales Hub Iv Nagercoil branch in nagercoil

The MICR code 0 is used in RBI cheque clearing process to identify the branch District Sales Hub Iv Nagercoil 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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