SBI Kotda Mota Junagadh Gujarat MICR CODE

Find MICR Codes for SBI Kotda Mota Junagadh Gujarat

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kotda Mota
Contact 9601099849
Bank Details State Bank Of India Kotda Mota SBIN0013461
Location Kotda Mota, Junagadh
City Kotda Mota
District Junagadh
State Gujarat
Pincode 362020
Country IN
Address Rana chowk, kotda mota,taluka: visavadar,district: junagadh state: gujarat-362020
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 Kotda Mota 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, Kotda Mota branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kotda Mota 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 -

>>Kotda Mota

MICR code for SBI Kotda Mota

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 Kotda Mota 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 Kotda Mota branch. MICR code for Kotda Mota 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 Kotda Mota is presented in the table alongside.

Use of State Bank Of India MICR code for Kotda Mota branch in kotda mota

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