SBI Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for SBI Varanasi Varanasi Uttar Pradesh

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MICR Code	221002018
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	Golgadda
Contact	0542-2441583 Ip-353651
Bank Details	State Bank Of India Golgadda SBIN0004559

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221001
Country	IN
Address	Golgadda,varanasi,uttar pradesh,pin 221001

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 221002018 for Golgadda 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 221002018 of State Bank Of India, Golgadda branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Golgadda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 76 branches of State Bank Of India are available with micr code -

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MICR code for SBI Golgadda

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 Golgadda 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. 221002018 is the MICR code of SBI Bank for Golgadda branch. MICR code for Golgadda 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 Golgadda is presented in the table alongside.

Use of State Bank Of India MICR code for Golgadda branch in varanasi

The MICR code 221002018 is used in RBI cheque clearing process to identify the branch Golgadda 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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