SBI Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for SBI Vadodara Vadodara Gujarat

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hlc Bodeli
Contact 0-8003399429
Bank Details State Bank Of India Hlc Bodeli SBIN0064672
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 391135
Country IN
Address Near railway crossing chhota udepur roadat post office,thesil bodeli district chhota udepurpincode 391135
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 0 for Hlc Bodeli 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 0 of State Bank Of India, Hlc Bodeli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Hlc Bodeli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Hlc Bodeli

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 Hlc Bodeli 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. 0 is the MICR code of SBI Bank for Hlc Bodeli branch. MICR code for Hlc Bodeli 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 Hlc Bodeli is presented in the table alongside.

Use of State Bank Of India MICR code for Hlc Bodeli branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hlc Bodeli 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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