SBI Nainital Nainital Uttrakhand MICR CODE

Find MICR Codes for SBI Nainital Nainital Uttrakhand

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MICR Code	-NA-
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	Lamachaur
Contact	8192904551
Bank Details	State Bank Of India Lamachaur SBIN0017027

Location	Nainital, Nainital
City	Nainital
District	Nainital
State	Uttrakhand
Pincode	263139
Country	IN
Address	Village and post lamachaur, distt nainital, uttarakhand 263139

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 0 for Lamachaur 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 0 of State Bank Of India, Lamachaur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Lamachaur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of State Bank Of India are available with micr code -

>>Baba Neem Karoli Ashram Kainchidham >>Cac Nainital >>Dhaniakote >>Dhari >>Haldwani >>Kaladhungi (Kotabagh) >>Kumaun University Nainital >>Lalkuan >>Lamachaur >>Nainital >>Ramnagar >>Tallital

MICR code for SBI Lamachaur

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 Lamachaur 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. 0 is the MICR code of SBI Bank for Lamachaur branch. MICR code for Lamachaur 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 Lamachaur is presented in the table alongside.

Use of State Bank Of India MICR code for Lamachaur branch in nainital

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lamachaur 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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