SBI Mohali Mohali Punjab MICR CODE

Find MICR Codes for SBI Mohali Mohali Punjab

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MICR Code	160002060
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	Landran
Contact	Na
Bank Details	State Bank Of India Landran SBIN0011836

Location	Mohali, Mohali
City	Mohali
District	Mohali
State	Punjab
Pincode	140307
Country	IN
Address	Banur to kharar main road,near landran chowk,landran,distmohali 140307

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 160002060 for Landran 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 160002060 of State Bank Of India, Landran branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Landran branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of State Bank Of India are available with micr code -

>>Aero Arcade Blockg Aerocity Mohali >>Agm Sme Mohali >>Airport Road Sector Eighty Two Mohali >>District Sales Hub Mohali >>Hni Branch Patiala >>Hni Mohali >>Industrial Area Mohali >>Kandala >>Lalru >>Landran >>Liability Central Processing Center >>Mohali >>Mullanpur >>Not Available >>Old Ambala Road Zirakpur >>Phase Vi Mohali >>Phase Vii Mohali >>Racc Fimm Mohali >>Sector 68 Mohali >>Sector Ninty One Mohali >>Sector One Hundred Seventeen Mohali >>Smec Bathinda >>Smeccc Mohali

MICR code for SBI Landran

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 Landran 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. 160002060 is the MICR code of SBI Bank for Landran branch. MICR code for Landran 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 Landran is presented in the table alongside.

Use of State Bank Of India MICR code for Landran branch in mohali

The MICR code 160002060 is used in RBI cheque clearing process to identify the branch Landran 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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