SBI Gudiwada Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for SBI Gudiwada Srikakulam Andhra Pradesh

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MICR Code	531002078
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	Gudiwada (Vsp)
Contact	08931-237824
Bank Details	State Bank Of India Gudiwada (Vsp) SBIN0008826

Location	Gudiwada, Srikakulam
City	Gudiwada
District	Srikakulam
State	Andhra Pradesh
Pincode	532001
Country	IN
Address	S rayavaramandal

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 531002078 for Gudiwada (Vsp) 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 531002078 of State Bank Of India, Gudiwada (Vsp) branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Gudiwada (Vsp) 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 -

>>Gudiwada (Vsp)

MICR code for SBI Gudiwada (Vsp)

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 Gudiwada (Vsp) 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. 531002078 is the MICR code of SBI Bank for Gudiwada (Vsp) branch. MICR code for Gudiwada (Vsp) 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 Gudiwada (Vsp) is presented in the table alongside.

Use of State Bank Of India MICR code for Gudiwada (Vsp) branch in gudiwada

The MICR code 531002078 is used in RBI cheque clearing process to identify the branch Gudiwada (Vsp) 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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