SBI Kadapa Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for SBI Kadapa Cuddapah Andhra Pradesh

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MICR Code	516002052
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	Madhavaram
Contact	Ip 904418, 08589-270042
Bank Details	State Bank Of India Madhavaram SBIN0002753

Location	Kadapa, Cuddapah
City	Kadapa
District	Cuddapah
State	Andhra Pradesh
Pincode	516247
Country	IN
Address	Dist kadapa, a p 516247

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 516002052 for Madhavaram 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 516002052 of State Bank Of India, Madhavaram branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Madhavaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of State Bank Of India are available with micr code -

>>Balapanur >>China Chowk Kadapa >>Chinnamandem >>Cuddapah >>Duvvur >>Kadapa Bazar >>Kadapa Treasury Kadapa >>Kodur >>Kondapuram >>Madhavaram >>Penagalur >>Pulivendla >>Rajiv Gandhi Inst Of Med Sciences >>Y V University Cuddapah >>Yerramukkapalli

MICR code for SBI Madhavaram

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 Madhavaram 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. 516002052 is the MICR code of SBI Bank for Madhavaram branch. MICR code for Madhavaram 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 Madhavaram is presented in the table alongside.

Use of State Bank Of India MICR code for Madhavaram branch in kadapa

The MICR code 516002052 is used in RBI cheque clearing process to identify the branch Madhavaram 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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