SBI Sidhi Sindi Madhya Pradesh MICR CODE

Find MICR Codes for SBI Sidhi Sindi Madhya Pradesh

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MICR Code	486002063
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	Gorbi
Contact	07805 - 275206, 275845; Ip: 121260
Bank Details	State Bank Of India Gorbi SBIN0003992

Location	Sidhi, Sindi
City	Sidhi
District	Sindi
State	Madhya Pradesh
Pincode	486892
Country	IN
Address	Dist sidhi, madhya pradesh 486892

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 486002063 for Gorbi 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 486002063 of State Bank Of India, Gorbi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Gorbi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Gorbi >>Sidhi

MICR code for SBI Gorbi

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 Gorbi 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. 486002063 is the MICR code of SBI Bank for Gorbi branch. MICR code for Gorbi 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 Gorbi is presented in the table alongside.

Use of State Bank Of India MICR code for Gorbi branch in sidhi

The MICR code 486002063 is used in RBI cheque clearing process to identify the branch Gorbi 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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