SBI Kathgodam Nainital Uttrakhand MICR CODE

Find MICR Codes for SBI Kathgodam Nainital Uttrakhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kathgodam
Contact 05946-266193 ip 354531
Bank Details State Bank Of India Kathgodam SBIN0003389
Location Kathgodam, Nainital
City Kathgodam
District Nainital
State Uttrakhand
Pincode 263126
Country IN
Address Dist nainital, uttarakhand 263 126
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 263002003 for Kathgodam 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 263002003 of State Bank Of India, Kathgodam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kathgodam 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 -

>>Kathgodam

MICR code for SBI Kathgodam

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 Kathgodam 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. 263002003 is the MICR code of SBI Bank for Kathgodam branch. MICR code for Kathgodam 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 Kathgodam is presented in the table alongside.

Use of State Bank Of India MICR code for Kathgodam branch in kathgodam

The MICR code 263002003 is used in RBI cheque clearing process to identify the branch Kathgodam 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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