SBI Ludhiana Khanna Punjab MICR CODE

Find MICR Codes for SBI Ludhiana Khanna Punjab

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khanna
Contact 220725
Bank Details State Bank Of India Khanna SBIN0050876
Location Ludhiana, Khanna
City Ludhiana
District Khanna
State Punjab
Pincode
Country IN
Address A s college for women amloh road khanna distt ludhiana punjabpin 14141
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khanna
Contact 223743
Bank Details State Bank Of India Khanna SBIN0031896
Location Ludhiana, Khanna
City Ludhiana
District Khanna
State Punjab
Pincode 141401
Country IN
Address Purewal tower,gtroad,samrala chowk,khanna 141401
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 0 for Khanna 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 0 of State Bank Of India, Khanna branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Khanna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of State Bank Of India are available with micr code -

>>Khanna >>Khanna >>Khanna Gtr >>Khanna Ngm

MICR code for SBI Khanna

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 Khanna 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. 0 is the MICR code of SBI Bank for Khanna branch. MICR code for Khanna 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 Khanna is presented in the table alongside.

Use of State Bank Of India MICR code for Khanna branch in ludhiana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Khanna 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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