SBI Hanspur Begusarai Bihar MICR CODE

Find MICR Codes for SBI Hanspur Begusarai Bihar

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hanspur
Contact 06243-253128
Bank Details State Bank Of India Hanspur SBIN0008132
Location Hanspur, Begusarai
City Hanspur
District Begusarai
State Bihar
Pincode 851126
Country IN
Address Block matihari
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 851002610 for Hanspur 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 851002610 of State Bank Of India, Hanspur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Hanspur 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 -

>>Hanspur

MICR code for SBI Hanspur

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 Hanspur 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. 851002610 is the MICR code of SBI Bank for Hanspur branch. MICR code for Hanspur 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 Hanspur is presented in the table alongside.

Use of State Bank Of India MICR code for Hanspur branch in hanspur

The MICR code 851002610 is used in RBI cheque clearing process to identify the branch Hanspur 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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