SBI Kothavalasa Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for SBI Kothavalasa Vizianagaram Andhra Pradesh

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MICR Code	532002077
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	Kantakapalli
Contact	Ip:990370,08966-271595, 201144
Bank Details	State Bank Of India Kantakapalli SBIN0008825

Location	Kothavalasa, Vizianagaram
City	Kothavalasa
District	Vizianagaram
State	Andhra Pradesh
Pincode	531242
Country	IN
Address	Near chinaraopalli gate, dt vizianagaram, a p 531242

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 532002077 for Kantakapalli 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 532002077 of State Bank Of India, Kantakapalli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kantakapalli 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 -

>>Kantakapalli

MICR code for SBI Kantakapalli

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 Kantakapalli 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. 532002077 is the MICR code of SBI Bank for Kantakapalli branch. MICR code for Kantakapalli 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 Kantakapalli is presented in the table alongside.

Use of State Bank Of India MICR code for Kantakapalli branch in kothavalasa

The MICR code 532002077 is used in RBI cheque clearing process to identify the branch Kantakapalli 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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