SBI Dumka Dumka Jharkhand MICR CODE

Find MICR Codes for SBI Dumka Dumka Jharkhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jama
Contact 7766918575
Bank Details State Bank Of India Jama SBIN0017151
Location Dumka, Dumka
City Dumka
District Dumka
State Jharkhand
Pincode 814101
Country IN
Address Postjama, distt dumka, jharkhand, 814101
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 Jama 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, Jama branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Jama branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Jama

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 Jama 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 Jama branch. MICR code for Jama 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 Jama is presented in the table alongside.

Use of State Bank Of India MICR code for Jama branch in dumka

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