|
|
|
|
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 of State Bank Of India, branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Adb Bilara >>Administrative Office Jodhpur >>Army Cantt Area Jodhpur >>Basni Aiims Jodhpur >>Basni Industrial Area Jodhpur >>Bhagat Ki Kothi Jodhpur >>Cac Bhinmal >>Cac Degana >>Cac Nakoda Road Balotra >>Cac Pali Collectorate >>Cac Sadar Bazar Rajsamand >>Cac Subhash Park Sirohi >>Chaupasani Housing Board Jodhpur >>Chopasni Housing Board Jodhpur >>Circuit House Jodhpur >>Commercial Branch Jodhpur >>Currency Administration Cell Jodhpur >>Defence Lab Jodhpur >>Dsh Jodhpur >>Fimm Rbo Jodhpur >>Gulab Sagar Jodhpur >>Hanslav Ki Pal Jodhpur >>Iit Rajasthan Jodhpur >>Industrial Estate Jodhpur >>Jalori Gate Jodhpur >>Jeloogagadi >>Jhalamand >>Jhalamand Chauraha Jodhpur >>Jodhpur >>Jodhpur >>Jodhpur Bjs Colony >>Jodhpur City >>Jodhpur City >>Jodhpur Riico >>Kamla Nehru Nagar Jodhpur >>Khanda Falsa Jodhpur >>Kharia Khangar >>Kudi Bhagatasni >>Kuri Bhagtasani Housiong Board Jodhpur >>Luni >>Mahamandir Jodhpur >>Mandore Industrial Area Jodhpur >>Mandore Road Jodhpur >>Micr Cpc Jodhpur >>National Law University Jodhpur >>Nri Jodhpur >>Pal Balaji Road Jodhpur >>Pal Link Road Jodhpur >>Pal Road Jodhpur >>Paota B Road Jodhpur >>Paota Jodhpur >>Pratap Nagar >>Pratap Nagar Jodhpur >>Racc Jodhpur >>Raika Bagh Jodhpur >>Railway Satation Jodhpur >>Ratanada Jodhpur >>Rboiii >>Rcpc Jodhpur >>Regional Business Office Jodhpur >>Sangariya Industrial Area Jodhpur >>Saran Nagar Jodhpur >>Sardarpura Jodhpur >>Sbiintouch Ansal Royal Plaza >>Shastri Nagar Jodhpur >>Shastri Nagar Jodhpur >>Shri Kanhaiya Nagar Jodhpur >>Sme Rbo Jodhpur >>Smeccc Jodhpur >>Sojati Gate Jodhpur >>Spcac Branch Jodhpur >>Spl.Branch Jodhpur >>Sursagar >>Tfcpc Jodhpur >>Uit Jodhpur
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 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. is the MICR code of SBI Bank for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch 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.