SBI Vaishali Vaishali Bihar MICR CODE

Find MICR Codes for SBI Vaishali Vaishali Bihar

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MICR Code	844002501
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	Lal Ganj
Contact	06224-237230,237452
Bank Details	State Bank Of India Lal Ganj SBIN0001483

Location	Vaishali, Vaishali
City	Vaishali
District	Vaishali
State	Bihar
Pincode	844121
Country	IN
Address	Vaishali bihar 844121

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 844002501 for Lal Ganj 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 844002501 of State Bank Of India, Lal Ganj branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Lal Ganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of State Bank Of India are available with micr code -

>>Adb Hajipur >>Desri >>Goraul >>Imadpur >>Lal Ganj >>Rajapakar >>Sumerganj >>Vaishali

MICR code for SBI Lal Ganj

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 Lal Ganj 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. 844002501 is the MICR code of SBI Bank for Lal Ganj branch. MICR code for Lal Ganj 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 Lal Ganj is presented in the table alongside.

Use of State Bank Of India MICR code for Lal Ganj branch in vaishali

The MICR code 844002501 is used in RBI cheque clearing process to identify the branch Lal Ganj 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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