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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, branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Adb Madurai >>Agm Sme Ao Madurai >>Anaiyur >>Andalpuram >>Anna Nagar Madurai >>Anna Nagar Madurai >>Anupannadi >>Arasaradi Madurai >>Bye Pass Road Madurai >>C T Complex Madurai >>Ccpc Madurai >>Commercial Br Madurai >>Currency Administration Cell Madurai >>Dindigul >>Document Archival Centre Madurai >>Jaihindpuram >>K K Nagar Madurai >>K. Pudur >>Karimedu Madurai >>Kochadai >>Kosakulam Pudur >>Kuruvithurai >>Madurai >>Madurai >>Madurai >>Madurai >>Madurai >>Madurai Agri College >>Madurai City >>Madurai Kamaraj University >>Madurai Main >>Madurai South Masi Street >>Maduraiwest Masi Street >>Melur Town >>Nallur >>Narayanapuram Madurai >>Not Available >>Othakadai Madurai >>Palanganatham >>Pasumalai Madurai >>Pbmadurai >>Peraiyur >>Ponmeni >>R And Db Racc Kuzhithurai >>R And Db Racc Thirumangalam >>Rasmeccc Cum Sarc Madurai >>Rbo Ii Madurai >>Rbo Madurai Region I >>Rbo Madurai Region Iv >>Rural Credit Processing Cell Madurai Region I >>Sbiintouch Bye Pass Road Madurai >>Service Branch Madurai >>Siruthozhil Madurai >>Smec Madurai >>Sowdarpatti >>Station Road Madurai >>Stressed Assets Resolution Centre (Sarc) Madurai >>T.Kallupatti >>Tallakulam >>Therkuvasal >>Tirunagar >>Tvs Nagar Madurai >>Veerapanjan >>Vilangudi >>Villapuram >>Vinayaganagar >>Zonal Office Madurai
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 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 branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch 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.