SBI Maltigandarpur Sambalpur Orissa MICR CODE

Find MICR Codes for SBI Maltigandarpur Sambalpur Orissa

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	768002030
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	Maltigandarpur
Contact	06681-235788
Bank Details	State Bank Of India Maltigandarpur SBIN0006422

Location	Maltigandarpur, Sambalpur
City	Maltigandarpur
District	Sambalpur
State	Orissa
Pincode	768116
Country	IN
Address	Dist sambalpur orissa 768116

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 768002030 for Maltigandarpur 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 768002030 of State Bank Of India, Maltigandarpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Maltigandarpur 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 -

>>Maltigandarpur

MICR code for SBI Maltigandarpur

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 Maltigandarpur 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. 768002030 is the MICR code of SBI Bank for Maltigandarpur branch. MICR code for Maltigandarpur 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 Maltigandarpur is presented in the table alongside.

Use of State Bank Of India MICR code for Maltigandarpur branch in maltigandarpur

The MICR code 768002030 is used in RBI cheque clearing process to identify the branch Maltigandarpur 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.

Copied!