SBI Kasrawad Khargone Madhya Pradesh MICR CODE

Find MICR Codes for SBI Kasrawad Khargone Madhya 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 Kasrawad
Contact 07285-231997
Bank Details State Bank Of India Kasrawad SBIN0010796
Location Kasrawad, Khargone
City Kasrawad
District Khargone
State Madhya Pradesh
Pincode 451228
Country IN
Address Kasrawad,distkhargone451228
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 451002097 for Kasrawad 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 451002097 of State Bank Of India, Kasrawad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kasrawad 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 -

>>Kasrawad

MICR code for SBI Kasrawad

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 Kasrawad 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. 451002097 is the MICR code of SBI Bank for Kasrawad branch. MICR code for Kasrawad 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 Kasrawad is presented in the table alongside.

Use of State Bank Of India MICR code for Kasrawad branch in kasrawad

The MICR code 451002097 is used in RBI cheque clearing process to identify the branch Kasrawad 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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