SBI Banglore Banglore Karnataka MICR CODE

Find MICR Codes for SBI Banglore Banglore Karnataka

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State
District
City
Branch
Address

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	Lottegollahalli
Contact
Bank Details	State Bank Of India Lottegollahalli SBIN0061740

Location	Banglore, Banglore
City	Banglore
District	Banglore
State	Karnataka
Pincode	560094
Country	IN
Address	No 116 rmvii stage,4th block, lottegollahalli, mla layout, bangalore 560094

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

A total of 10 branches of State Bank Of India are available with micr code -

>>Adrc Campus >>Asc Centre North >>Balagere >>Gunjur >>Jnanabharthi >>Kodati Gate >>Koramangala >>L R Bande >>Lottegollahalli >>Zonal Office Banglore

MICR code for SBI Lottegollahalli

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 Lottegollahalli 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 Lottegollahalli branch. MICR code for Lottegollahalli 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 Lottegollahalli is presented in the table alongside.

Use of State Bank Of India MICR code for Lottegollahalli branch in banglore

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