SBI Kanke Racnhi Jharkhand MICR CODE

Find MICR Codes for SBI Kanke Racnhi 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 Financial Inclusion Centre Kanke
Contact Nil
Bank Details State Bank Of India Financial Inclusion Centre Kanke SBIN0015013
Location Kanke, Racnhi
City Kanke
District Racnhi
State Jharkhand
Pincode 835240
Country IN
Address Kaushalya complex, kanke block chowk, ranchi district, jharkhand - 835240
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 Financial Inclusion Centre Kanke 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, Financial Inclusion Centre Kanke branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Financial Inclusion Centre Kanke 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 -

>>Financial Inclusion Centre Kanke

MICR code for SBI Financial Inclusion Centre Kanke

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 Financial Inclusion Centre Kanke 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 Financial Inclusion Centre Kanke branch. MICR code for Financial Inclusion Centre Kanke 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 Financial Inclusion Centre Kanke is presented in the table alongside.

Use of State Bank Of India MICR code for Financial Inclusion Centre Kanke branch in kanke

The MICR code 0 is used in RBI cheque clearing process to identify the branch Financial Inclusion Centre Kanke 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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