SBI Fatehpur Jamtara Jharkhand MICR CODE

Find MICR Codes for SBI Fatehpur Jamtara Jharkhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fatehpur
Contact Not Available
Bank Details State Bank Of India Fatehpur SBIN0012543
Location Fatehpur, Jamtara
City Fatehpur
District Jamtara
State Jharkhand
Pincode 814166
Country IN
Address Main marketfatehpur, thanakundahit, dist jamtara, jharkhand814166
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 814002165 for Fatehpur 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 814002165 of State Bank Of India, Fatehpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Fatehpur 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 -

>>Fatehpur

MICR code for SBI Fatehpur

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 Fatehpur 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. 814002165 is the MICR code of SBI Bank for Fatehpur branch. MICR code for Fatehpur 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 Fatehpur is presented in the table alongside.

Use of State Bank Of India MICR code for Fatehpur branch in fatehpur

The MICR code 814002165 is used in RBI cheque clearing process to identify the branch Fatehpur 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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