SBI Mayurbhanj Balasore Orissa MICR CODE

Find MICR Codes for SBI Mayurbhanj Balasore 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 Gaddeulia
Contact 06793-274961
Bank Details State Bank Of India Gaddeulia SBIN0007021
Location Mayurbhanj, Balasore
City Mayurbhanj
District Balasore
State Orissa
Pincode 757482
Country IN
Address Mayurbhanj, orissa 757482
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 757002082 for Gaddeulia 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 757002082 of State Bank Of India, Gaddeulia branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Gaddeulia 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 -

>>Gaddeulia

MICR code for SBI Gaddeulia

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 Gaddeulia 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. 757002082 is the MICR code of SBI Bank for Gaddeulia branch. MICR code for Gaddeulia 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 Gaddeulia is presented in the table alongside.

Use of State Bank Of India MICR code for Gaddeulia branch in mayurbhanj

The MICR code 757002082 is used in RBI cheque clearing process to identify the branch Gaddeulia 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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