SBI Koth Ahmedabad Gujarat MICR CODE

Find MICR Codes for SBI Koth Ahmedabad Gujarat

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MICR Code	382002240
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	Koth
Contact	Std:02714-242076
Bank Details	State Bank Of India Koth SBIN0002663

Location	Koth, Ahmedabad
City	Koth
District	Ahmedabad
State	Gujarat
Pincode	382240
Country	IN
Address	Nr. St bus stand, ta. Dholka, distt. Ahmadabad, gujarat 382 240

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 382002240 for Koth 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 382002240 of State Bank Of India, Koth branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Koth 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 -

>>Koth

MICR code for SBI Koth

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 Koth 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. 382002240 is the MICR code of SBI Bank for Koth branch. MICR code for Koth 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 Koth is presented in the table alongside.

Use of State Bank Of India MICR code for Koth branch in koth

The MICR code 382002240 is used in RBI cheque clearing process to identify the branch Koth 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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