SBI Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for SBI Coimbatore Coimbotore Tamil Nadu

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Govt College Of Technology Coimbatore
Contact 422-2 432657;Ip: 803562
Bank Details State Bank Of India Govt College Of Technology Coimbatore SBIN0010432
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641013
Country IN
Address Thadagam road coimbatore tamil nadu 641013
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 641002027 for Govt College Of Technology Coimbatore 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 641002027 of State Bank Of India, Govt College Of Technology Coimbatore branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Govt College Of Technology Coimbatore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Govt College Of Technology Coimbatore

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 Govt College Of Technology Coimbatore 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. 641002027 is the MICR code of SBI Bank for Govt College Of Technology Coimbatore branch. MICR code for Govt College Of Technology Coimbatore 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 Govt College Of Technology Coimbatore is presented in the table alongside.

Use of State Bank Of India MICR code for Govt College Of Technology Coimbatore branch in coimbatore

The MICR code 641002027 is used in RBI cheque clearing process to identify the branch Govt College Of Technology Coimbatore 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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