SBI Narwar Shivpuri Madhya Pradesh MICR CODE

Find MICR Codes for SBI Narwar Shivpuri Madhya Pradesh

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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	Main Bazar Narwar
Contact	07491-272432,272050
Bank Details	State Bank Of India Main Bazar Narwar SBIN0030132

Location	Narwar, Shivpuri
City	Narwar
District	Shivpuri
State	Madhya Pradesh
Pincode	473880
Country	IN
Address	Narwar

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

A total of 1 branches of State Bank Of India are available with micr code -

>>Main Bazar Narwar

MICR code for SBI Main Bazar Narwar

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 Main Bazar Narwar 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 Main Bazar Narwar branch. MICR code for Main Bazar Narwar 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 Main Bazar Narwar is presented in the table alongside.

Use of State Bank Of India MICR code for Main Bazar Narwar branch in narwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Main Bazar Narwar 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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