SBI Vellore Vellore Tamil Nadu MICR CODE

Find MICR Codes for SBI Vellore Vellore Tamil Nadu

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MICR Code	635002602
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	Koratti
Contact	Ip 801630, 04179-249243
Bank Details	State Bank Of India Koratti SBIN0007549

Location	Vellore, Vellore
City	Vellore
District	Vellore
State	Tamil Nadu
Pincode	635702
Country	IN
Address	1 by 15 b south mada street distt vellore tamil nadu 635702

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 635002602 for Koratti 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 635002602 of State Bank Of India, Koratti branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Koratti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of State Bank Of India are available with micr code -

>>Athanavur >>Currency Administration Cell Vellore >>Katpadi >>Katpadi >>Kaveripakkam >>Koratti >>Nri Vellore >>Pbb Vellore >>Ranipet >>Rasmeccc Sarc Vellore >>Rbo 3 Vellore >>Rbo Vellore >>Rcpc Vellore >>Sainathapuram >>Sbiintouch Vellore >>Siruthozhil Vellore >>Solur >>Sripuram >>Vellore >>Vellore >>Vellore Fort City Vellore >>Vellore Tamil Nadu >>Walajapet

MICR code for SBI Koratti

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 Koratti 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. 635002602 is the MICR code of SBI Bank for Koratti branch. MICR code for Koratti 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 Koratti is presented in the table alongside.

Use of State Bank Of India MICR code for Koratti branch in vellore

The MICR code 635002602 is used in RBI cheque clearing process to identify the branch Koratti 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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