SBI Madhav Institute Of Technology And Science MICR CODE

MICR Code:	474002022 f
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:	Madhav Institute Of Technology And Science (Mits) Gwalior
Contact:	0751-2447208
Bank Details:	State Bank Of India Madhav Institute Of Technology And Science (Mits) Gwalior SBIN0010536

Location:	Gwalior, Gwalior
City:	Gwalior
District:	Gwalior
State:	Madhya Pradesh
Pincode:	474001
Country:	IN
Address:	Dist gwaliorstate madhya pradeshpin 474001

How does MICR code for madhav institute of technology and science 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 of State Bank Of India, madhav institute of technology and science branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for madhav institute of technology and science branch, makes the characters readable even if there are other marks and stamps on it.

A total of 50 branches of State Bank Of India are available with micr code

>>Afs Maharajpur Gwalior >>Agm Sme Ao Gwalior >>Alapur Gwalior >>Baradari Chouraha Morar >>Capc Ao Gwalior >>Centralised Clearing Processing Cell Gwalior >>City Centre Gwalior >>Commercial Branch Gwalior >>D R D E Gwalior >>Dabra >>Dac Gwalior >>Fimm Dshx Gwalior >>Gandhi Road Gwalior >>Gorkhi >>Grmc Gwalior >>Gwalior >>Gwalior >>Gwalior >>Gwalior Main >>Hajira Gwalior >>I.E. Gwalior >>Itm University Campus Gwalior >>Jayendra Ganj Gwalior >>Karhiya >>Krgc Gwalior >>Kulaith >>Laxmiganj Mandi Gwalior >>Madhav Institute Of Technology And Science (Mits) Gwalior >>Mayur Market >>Mela Road(Shakti Nagar) Gwalior >>Mohana >>Morar >>Morar Cantt. Gwalior >>Moti Mahal Gwalior >>Nai Sadak Gwalior >>New Collectorate Gwalior >>Old Gwalior Road Gwalior >>Patel Nagar Gwalior >>Pbb Gwalior >>Rasecc Gwalior >>Rbo 1 Gwalior >>Rcpc Gwalior >>Regional Business Office Ii Gwalior >>Sbiintouch Branch Gwalior >>Service Branch Gwalior >>Sindhi Colony Sikandar Kampoo >>Smeccc Gwalior >>Specialised Currency Administration Branch Gwalior >>Stressed Assets Resolution Centre Gwalior >>Transport Nagar Gwalior

MICR code for SBI madhav institute of technology and science

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 madhav institute of technology and science 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. is the MICR code of SBI Bank for madhav institute of technology and science branch. MICR code for madhav institute of technology and science 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 madhav institute of technology and science is presented in the table alongside.

Use of State Bank Of India MICR code for madhav institute of technology and science branch in gwalior

The MICR code is used in RBI cheque clearing process to identify the branch madhav institute of technology and science 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.