SBI Vidisha Vidisha Madhya Pradesh MICR CODE

Find MICR Codes for SBI Vidisha Vidisha Madhya Pradesh

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MICR Code	464002051
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	Ganj Basoda
Contact	07594-222201,222202
Bank Details	State Bank Of India Ganj Basoda SBIN0010820

Location	Vidisha, Vidisha
City	Vidisha
District	Vidisha
State	Madhya Pradesh
Pincode	464224
Country	IN
Address	Ganj basaoda,aishwarya complex,bareta road,distvidisha,madhya pradesh464224

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 464002051 for Ganj Basoda 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 464002051 of State Bank Of India, Ganj Basoda branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ganj Basoda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of State Bank Of India are available with micr code -

>>Adb Vidisha >>Atarikhejra >>Barwai Vb >>Collectrate Vidisha >>Fimm Dshix Vidisha >>Ganj Basoda >>Khamkheda >>Racc Bhopal Iii Fi And Mm >>Racc Vidisha R And Db >>Rcpc Vidisha >>Sati Vidisha >>Vidisha >>Vidisha Bhopal Kshetriya Gramin Bank

MICR code for SBI Ganj Basoda

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 Ganj Basoda 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. 464002051 is the MICR code of SBI Bank for Ganj Basoda branch. MICR code for Ganj Basoda 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 Ganj Basoda is presented in the table alongside.

Use of State Bank Of India MICR code for Ganj Basoda branch in vidisha

The MICR code 464002051 is used in RBI cheque clearing process to identify the branch Ganj Basoda 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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