SBI Keonjhar Keonjhar Orissa MICR CODE

Find MICR Codes for SBI Keonjhar Keonjhar Orissa

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Essel Mining Jurudi
Contact 06767-279266
Bank Details State Bank Of India Essel Mining Jurudi SBIN0010243
Location Keonjhar, Keonjhar
City Keonjhar
District Keonjhar
State Orissa
Pincode 758052
Country IN
Address P o jajangkeonjhar 758 052
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 758002012 for Essel Mining Jurudi 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 758002012 of State Bank Of India, Essel Mining Jurudi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Essel Mining Jurudi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of State Bank Of India are available with micr code -

>>Barbil Evening Branch >>Bileipada >>Champua >>Essel Mining Jurudi >>Fimm Rbo Keonjhar >>Harichandanpur >>Joda >>Naradapur >>Racc Keonjhar Fimm >>Regional Business Office >>Saharpara

MICR code for SBI Essel Mining Jurudi

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 Essel Mining Jurudi 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. 758002012 is the MICR code of SBI Bank for Essel Mining Jurudi branch. MICR code for Essel Mining Jurudi 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 Essel Mining Jurudi is presented in the table alongside.

Use of State Bank Of India MICR code for Essel Mining Jurudi branch in keonjhar

The MICR code 758002012 is used in RBI cheque clearing process to identify the branch Essel Mining Jurudi 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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