SBI Gawan Budaun Uttar Pradesh MICR CODE

Find MICR Codes for SBI Gawan Budaun Uttar Pradesh

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MICR Code	202002111
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	Gawan
Contact	05836-235085
Bank Details	State Bank Of India Gawan SBIN0012816

Location	Gawan, Budaun
City	Gawan
District	Budaun
State	Uttar Pradesh
Pincode	202527
Country	IN
Address	Vill and po gawan,distt budaun,uttar pradesh,distbudaun202527

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 202002111 for Gawan 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 202002111 of State Bank Of India, Gawan branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Gawan 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 -

>>Gawan

MICR code for SBI Gawan

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 Gawan 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. 202002111 is the MICR code of SBI Bank for Gawan branch. MICR code for Gawan 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 Gawan is presented in the table alongside.

Use of State Bank Of India MICR code for Gawan branch in gawan

The MICR code 202002111 is used in RBI cheque clearing process to identify the branch Gawan 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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