SBI Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for SBI Alwar Alwar Rajasthan

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MICR Code	301002015
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	Kotkasim
Contact	Ip.303669, 1460-235223, 235685
Bank Details	State Bank Of India Kotkasim SBIN0002397

Location	Alwar, Alwar
City	Alwar
District	Alwar
State	Rajasthan
Pincode	301702
Country	IN
Address	Dist alwar, rajasthan 301702

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 301002015 for Kotkasim 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 301002015 of State Bank Of India, Kotkasim branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kotkasim branch, makes the characters readable even if there are other marks and stamps on it.

A total of 34 branches of State Bank Of India are available with micr code -

>>Adb Behrod >>Adb Rajgarh >>Alwar >>Alwar >>Alwar >>Alwar Adb >>Arya Nagar Alwar >>Baleta >>Dsh Alwar >>Fimm Rbo Alwar >>Hasan Khan Alwar >>Itarana >>K U M Alwar >>Kala Kuan Alwar >>Kherli >>Kotkasim >>Lachhmangarh >>Malviya Nagar Bhawani Top Alwar >>Mia Alwar >>Mia Alwar >>N.E.B Subash Nagar >>Nangla Samavadi >>Naogaon Distt Alwar >>Neemrana >>Phool Bagh >>R C P C Alwar >>Racc Adb Rajgarh >>Racc Alwar >>Shahjahanpur >>Shivaji Park Alwar >>Sme Arya Nagar Branch Alwar >>Toda Nagar >>Transport Nagar

MICR code for SBI Kotkasim

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 Kotkasim 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. 301002015 is the MICR code of SBI Bank for Kotkasim branch. MICR code for Kotkasim 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 Kotkasim is presented in the table alongside.

Use of State Bank Of India MICR code for Kotkasim branch in alwar

The MICR code 301002015 is used in RBI cheque clearing process to identify the branch Kotkasim 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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