SBI Lalburra Balaghat Madhya Pradesh MICR CODE

Find MICR Codes for SBI Lalburra Balaghat Madhya Pradesh

↻ Reload
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lalburra
Contact 07633-276298, 276299
Bank Details State Bank Of India Lalburra SBIN0012150
Location Lalburra, Balaghat
City Lalburra
District Balaghat
State Madhya Pradesh
Pincode 481441
Country IN
Address Lalburra,tahsil lalburra,distt balaghat mp,distbalaghat 481441
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 481002028 for Lalburra 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 481002028 of State Bank Of India, Lalburra branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Lalburra 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 -

>>Lalburra

MICR code for SBI Lalburra

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 Lalburra 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. 481002028 is the MICR code of SBI Bank for Lalburra branch. MICR code for Lalburra 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 Lalburra is presented in the table alongside.

Use of State Bank Of India MICR code for Lalburra branch in lalburra

The MICR code 481002028 is used in RBI cheque clearing process to identify the branch Lalburra 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.

Copied!