SBI Harpalpur Chhattarpur Madhya Pradesh MICR CODE

Find MICR Codes for SBI Harpalpur Chhattarpur Madhya Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Harpalpur
Contact Ip:121083 Tel:07685-261711
Bank Details State Bank Of India Harpalpur SBIN0002854
Location Harpalpur, Chhattarpur
City Harpalpur
District Chhattarpur
State Madhya Pradesh
Pincode 471111
Country IN
Address Dist chhatarpur, madhya pradesh 471111
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 471002011 for Harpalpur 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 471002011 of State Bank Of India, Harpalpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Harpalpur 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 -

>>Harpalpur

MICR code for SBI Harpalpur

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 Harpalpur 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. 471002011 is the MICR code of SBI Bank for Harpalpur branch. MICR code for Harpalpur 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 Harpalpur is presented in the table alongside.

Use of State Bank Of India MICR code for Harpalpur branch in harpalpur

The MICR code 471002011 is used in RBI cheque clearing process to identify the branch Harpalpur 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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