SBI Bidar Bidar Karnataka MICR CODE

Find MICR Codes for SBI Bidar Bidar Karnataka

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MICR Code	585002419
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	Ladwanti
Contact	Ip:990054,08481-256238
Bank Details	State Bank Of India Ladwanti SBIN0006882

Location	Bidar, Bidar
City	Bidar
District	Bidar
State	Karnataka
Pincode	585419
Country	IN
Address	Basavakalyan tq., distt. Bidar, karnataka 585419

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 585002419 for Ladwanti 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 585002419 of State Bank Of India, Ladwanti branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ladwanti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of State Bank Of India are available with micr code -

>>Alwai >>Anadoor >>Aurad >>Basava Kalyan >>Basavakalyan >>Bhalki >>Bhatambra Balki Tq >>Bidar >>Bidar >>Bidar >>Bidar Adb >>Cac Bidar >>Chidri Road Bidar >>Chintaki >>Chitguppa >>District Sales Hub Bidar >>Gndec Campus Bidar >>Gumpa Road Bidar >>Hallikhed B >>Hudgi >>Humnabad >>Kamalnagar >>Kanaji >>Kathak Chincholi >>Ladwanti >>Naubad >>Naubad Bidar >>Nirna >>Osmangunj Bidar >>R And Db Retail Asset Credit Centre D C Office Road Bidar >>Rbofour Bidar >>Rejeswar >>Retail Asset Credit Centrehumnabad >>Shivnagar >>Torna >>Vidyanagar >>Vidyanagar Bidar

MICR code for SBI Ladwanti

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 Ladwanti 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. 585002419 is the MICR code of SBI Bank for Ladwanti branch. MICR code for Ladwanti 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 Ladwanti is presented in the table alongside.

Use of State Bank Of India MICR code for Ladwanti branch in bidar

The MICR code 585002419 is used in RBI cheque clearing process to identify the branch Ladwanti 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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