SBI Sehore Sehore Madhya Pradesh MICR CODE

Find MICR Codes for SBI Sehore Sehore Madhya Pradesh

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MICR Code	466002016
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	Ichhawar
Contact	07561-274444
Bank Details	State Bank Of India Ichhawar SBIN0010818

Location	Sehore, Sehore
City	Sehore
District	Sehore
State	Madhya Pradesh
Pincode	466115
Country	IN
Address	House of lakhan lal vermanear bus standichhawar

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 466002016 for Ichhawar 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 466002016 of State Bank Of India, Ichhawar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ichhawar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of State Bank Of India are available with micr code -

>>Adb Sehore >>Astha >>Bilkisganj >>Budhni >>Cac Sehore >>Dobi Vb >>Ichhawar >>Jawar >>Kanod Mirji >>New Bus Stand Sehore >>Racc Sehore Fi And Mm >>Racc Sehore R And Db >>Rehti >>Sehore

MICR code for SBI Ichhawar

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 Ichhawar 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. 466002016 is the MICR code of SBI Bank for Ichhawar branch. MICR code for Ichhawar 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 Ichhawar is presented in the table alongside.

Use of State Bank Of India MICR code for Ichhawar branch in sehore

The MICR code 466002016 is used in RBI cheque clearing process to identify the branch Ichhawar 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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