SBI Murshidabad Murshidabad West Bengal MICR CODE

Find MICR Codes for SBI Murshidabad Murshidabad West Bengal

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Loknathpur
Contact Tel-03482-241541/241798
Bank Details State Bank Of India Loknathpur SBIN0009464
Location Murshidabad, Murshidabad
City Murshidabad
District Murshidabad
State West Bengal
Pincode 742189
Country IN
Address Dist murshidabad,west bengal 742189
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 741002635 for Loknathpur 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 741002635 of State Bank Of India, Loknathpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Loknathpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of State Bank Of India are available with micr code -

>>Alugram >>Bahadurpur >>Bazar Shau >>Bazitpur >>Burwan >>Cac Berhampur >>Farakka >>Kabilpur >>Kalitala >>Kalmegha Bazar >>Kashipur >>Khairamari >>Kharera >>Lalbagh >>Lalbagh Bazar >>Loknathpur >>Mirzapur >>Mominpur Sab >>Murshidabad >>Nabagram >>Nimtita Sab >>Rampur >>Sagardighi >>Saheb Nagar

MICR code for SBI Loknathpur

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 Loknathpur 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. 741002635 is the MICR code of SBI Bank for Loknathpur branch. MICR code for Loknathpur 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 Loknathpur is presented in the table alongside.

Use of State Bank Of India MICR code for Loknathpur branch in murshidabad

The MICR code 741002635 is used in RBI cheque clearing process to identify the branch Loknathpur 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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