SBI Lonar Buldhana Maharashtra MICR CODE

Find MICR Codes for SBI Lonar Buldhana Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	443002909
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	Lonar Br.
Contact	Ip:112027 Tel:07260-221340
Bank Details	State Bank Of India Lonar Br. SBIN0002160

Location	Lonar, Buldhana
City	Lonar
District	Buldhana
State	Maharashtra
Pincode	443302
Country	IN
Address	Dist buldhana maharashtra 443302

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 443002909 for Lonar Br. 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 443002909 of State Bank Of India, Lonar Br. branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Lonar Br. 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 -

>>Lonar Br.

MICR code for SBI Lonar Br.

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 Lonar Br. 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. 443002909 is the MICR code of SBI Bank for Lonar Br. branch. MICR code for Lonar Br. 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 Lonar Br. is presented in the table alongside.

Use of State Bank Of India MICR code for Lonar Br. branch in lonar

The MICR code 443002909 is used in RBI cheque clearing process to identify the branch Lonar Br. 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!