SBI Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for SBI Vijayawada Krishna Andhra Pradesh

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MICR Code	520002032
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	Madhuranagar
Contact	9705003455, 0866-2538383
Bank Details	State Bank Of India Madhuranagar SBIN0011726

Location	Vijayawada, Krishna
City	Vijayawada
District	Krishna
State	Andhra Pradesh
Pincode	520011
Country	IN
Address	Vijayawada,distkrishna520011

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 520002032 for Madhuranagar 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 520002032 of State Bank Of India, Madhuranagar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Madhuranagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 41 branches of State Bank Of India are available with micr code -

>>Ajitsinghnagar >>Ashok Nagar Vijayawada >>Bhaskararaopet Vijayawada >>Bhavanipuram >>Cash Administration Cell Vijayawada >>Ccpc Vijayawada >>Christurajapuram >>Currency Nagar Vijaywada >>Gandhi Nagar >>Gollapudi Vijayawada >>Governorpet >>Gudavalli >>Gurunanak Nagar Vijayawada >>Ibrahimpatnam Vijayawada >>Kothapeta Vijayawada >>Labbipet Vijaywada >>Madhuranagar >>Mg Road Vijayawada >>Murali Nagar >>Pantakaluva Road Branch Vijayawada >>Patamata >>Pbb Benz Circle Vijaywada >>Poranki >>Prajashakti Nagar Vijaywada >>Rbo Vijayawada Rural >>Sarc Vijayawada >>Satnarayanpuram Vijayawada >>Sbiintouch Eluru Road Vijayawada >>Sbiintouch Vijayawada >>Service Br Vijayawada >>Sib Branch Vijayawada >>Spb Patamata Vijaywada >>Specialised Mid Corporate Branch Vijayawada >>Station Road Vijayawada >>Suryaraopet >>Vidhyadharapuram >>Vijayawada >>Vijayawada >>Vijaywada >>Vmc Vijayawada >>Zonal Office Vijayawada

MICR code for SBI Madhuranagar

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 Madhuranagar 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. 520002032 is the MICR code of SBI Bank for Madhuranagar branch. MICR code for Madhuranagar 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 Madhuranagar is presented in the table alongside.

Use of State Bank Of India MICR code for Madhuranagar branch in vijayawada

The MICR code 520002032 is used in RBI cheque clearing process to identify the branch Madhuranagar 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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