SBI Nizamabad Nizamabad Andhra Pradesh MICR CODE

Find MICR Codes for SBI Nizamabad Nizamabad Andhra Pradesh

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MICR Code	503002003
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	Kanteshwar
Contact	Ip-900761
Bank Details	State Bank Of India Kanteshwar SBIN0009789

Location	Nizamabad, Nizamabad
City	Nizamabad
District	Nizamabad
State	Andhra Pradesh
Pincode	503002
Country	IN
Address	Nizamabad,ap

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 503002003 for Kanteshwar 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 503002003 of State Bank Of India, Kanteshwar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kanteshwar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 76 branches of State Bank Of India are available with micr code -

>>Ahmedpura Nizamabad >>Ankapoor >>Argul >>Armoor >>Arsapally Nizamabad >>Banswada >>Bheemgal >>Bhiknoor >>Bichkunda Adb >>Bodhan >>Chandur >>Choutpally >>Darpally >>Devanpally Finanical Inclusion >>Dichpally >>Donkal >>Dubba Sme Branch >>Gangasthan >>Indiranagar >>Jukkal >>Kamareddy >>Kanteshwar >>Khanapur >>Khudavanpur >>Kisannagar >>Kondapur >>Kotgiri >>Machareddy >>Madnoor >>Makloor >>Manchippa >>Mendora >>Mortad >>Navipet >>Nizamabad >>Nizamabad >>Nizamabad Main >>Nizamsagar >>Oad Zo Nizamabad >>Padgal >>Padkal >>Palem >>Pitlam >>Pitlam >>Pochampad >>Pothangal >>Pragatibhavan >>Pulkal >>Rajampet >>Rajaram Nagar Armoor >>Rbo Iv Nizamabad >>Rcpc Nizamabad >>Reddypet >>Rythu Nagar Mirzapur >>Salora >>Sarangapur >>Satapur >>Shivajinagar Nizamabad >>Shradhanandgunj >>Sikandrapur >>Subhashnagar >>Subriyal >>Tg University >>Thanakalan >>Thimmapur >>Thorlikonda >>Vannel B >>Varni >>Varni Road Nizamabad >>Velpur >>Vinayak Nagar >>Vinayak Nagar Nizamabad >>Yellareddy >>Yellareddy >>Yergatla >>Yerrapahad

MICR code for SBI Kanteshwar

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 Kanteshwar 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. 503002003 is the MICR code of SBI Bank for Kanteshwar branch. MICR code for Kanteshwar 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 Kanteshwar is presented in the table alongside.

Use of State Bank Of India MICR code for Kanteshwar branch in nizamabad

The MICR code 503002003 is used in RBI cheque clearing process to identify the branch Kanteshwar 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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