SBI Satara Satara Maharashtra MICR CODE

Find MICR Codes for SBI Satara Satara Maharashtra

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MICR Code	-NA-
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	Fimm Dsh Satara
Contact	07875559910
Bank Details	State Bank Of India Fimm Dsh Satara SBIN0062870

Location	Satara, Satara
City	Satara
District	Satara
State	Maharashtra
Pincode	415001
Country	IN
Address	Above sbi satara collectorate branch, nr treasury office, satara 415001

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 Fimm Dsh Satara 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, Fimm Dsh Satara branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Fimm Dsh Satara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of State Bank Of India are available with micr code -

>>Adb Satara >>Cac Satara >>Fimm Dsh Satara >>Fimm Racc Satara >>Ganesh Chowk Kodoli >>Godoli Satara >>Industrial Area Shirwal >>Khed >>Midc Satara >>Mini Racpc Satara >>R And Db Racc Satara >>Rahimatpur >>Rcpc Satara >>Sadar Bazar Satara >>Satara >>Satara >>Satara Collectorate Br. >>Sbiintouch Satara >>Shirwal

MICR code for SBI Fimm Dsh Satara

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 Fimm Dsh Satara 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 Fimm Dsh Satara branch. MICR code for Fimm Dsh Satara 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 Fimm Dsh Satara is presented in the table alongside.

Use of State Bank Of India MICR code for Fimm Dsh Satara branch in satara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Fimm Dsh Satara 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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