SBI Dumaria Pakur Jharkhand MICR CODE

Find MICR Codes for SBI Dumaria Pakur Jharkhand

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MICR Code	816002507
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dumaria
Contact	Bm-09431549376
Bank Details	State Bank Of India Dumaria SBIN0009236

Location	Dumaria, Pakur
City	Dumaria
District	Pakur
State	Jharkhand
Pincode	816104
Country	IN
Address	Potalpahari,sub divpakur,dt pakur,jharkhand,816104

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 816002507 for Dumaria 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 816002507 of State Bank Of India, Dumaria branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Dumaria 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 -

>>Dumaria

MICR code for SBI Dumaria

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 Dumaria 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. 816002507 is the MICR code of SBI Bank for Dumaria branch. MICR code for Dumaria 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 Dumaria is presented in the table alongside.

Use of State Bank Of India MICR code for Dumaria branch in dumaria

The MICR code 816002507 is used in RBI cheque clearing process to identify the branch Dumaria 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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