SBI Kosindra Vadodara Gujarat MICR CODE

Find MICR Codes for SBI Kosindra Vadodara Gujarat

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MICR Code	391002024
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	Kosindra
Contact	02665-254526
Bank Details	State Bank Of India Kosindra SBIN0003322

Location	Kosindra, Vadodara
City	Kosindra
District	Vadodara
State	Gujarat
Pincode	388510
Country	IN
Address	Taluka sankheda

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 391002024 for Kosindra 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 391002024 of State Bank Of India, Kosindra branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kosindra 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 -

>>Kosindra

MICR code for SBI Kosindra

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 Kosindra 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. 391002024 is the MICR code of SBI Bank for Kosindra branch. MICR code for Kosindra 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 Kosindra is presented in the table alongside.

Use of State Bank Of India MICR code for Kosindra branch in kosindra

The MICR code 391002024 is used in RBI cheque clearing process to identify the branch Kosindra 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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