SBI Jharsuguda Sambalpur Orissa MICR CODE

Find MICR Codes for SBI Jharsuguda Sambalpur Orissa

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MICR Code	768002068
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	Jharsuguda Station Square
Contact	9437352763
Bank Details	State Bank Of India Jharsuguda Station Square SBIN0010923

Location	Jharsuguda, Sambalpur
City	Jharsuguda
District	Sambalpur
State	Orissa
Pincode	768201
Country	IN
Address	Dist,sambalpur,state,orissa

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 768002068 for Jharsuguda Station Square 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 768002068 of State Bank Of India, Jharsuguda Station Square branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Jharsuguda Station Square 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 -

>>Jharsuguda Station Square

MICR code for SBI Jharsuguda Station Square

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 Jharsuguda Station Square 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. 768002068 is the MICR code of SBI Bank for Jharsuguda Station Square branch. MICR code for Jharsuguda Station Square 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 Jharsuguda Station Square is presented in the table alongside.

Use of State Bank Of India MICR code for Jharsuguda Station Square branch in jharsuguda

The MICR code 768002068 is used in RBI cheque clearing process to identify the branch Jharsuguda Station Square 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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