SBI Kakinada East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for SBI Kakinada East Godavari Andhra Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kakinada
Contact Ip-902516, 0884-2362824
Bank Details State Bank Of India Kakinada SBIN0000850
Location Kakinada, East Godavari
City Kakinada
District East Godavari
State Andhra Pradesh
Pincode 533001
Country IN
Address Main rd,kakinada,a.p.east godavari
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kakinada
Contact 2342778
Bank Details State Bank Of India Kakinada SBIN0032632
Location Kakinada, East Godavari
City Kakinada
District East Godavari
State Andhra Pradesh
Pincode 533003
Country IN
Address Madhav nagar,opp. To district supritendent of police office, kakinada-533003
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 533002101 for Kakinada 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 533002101 of State Bank Of India, Kakinada branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kakinada branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Kakinada

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 Kakinada 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. 533002101 is the MICR code of SBI Bank for Kakinada branch. MICR code for Kakinada 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 Kakinada is presented in the table alongside.

Use of State Bank Of India MICR code for Kakinada branch in kakinada

The MICR code 533002101 is used in RBI cheque clearing process to identify the branch Kakinada 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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