SBI Mangala Gangothri Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for SBI Mangala Gangothri Dakshina Kannada Karnataka

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mangala Gangothri
Contact 0824-2287288
Bank Details State Bank Of India Mangala Gangothri SBIN0008034
Location Mangala Gangothri, Dakshina Kannada
City Mangala Gangothri
District Dakshina Kannada
State Karnataka
Pincode 574199
Country IN
Address Mangalore univ campus,mangalagangothri po mangalore,dtdakshina kannada
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 575002010 for Mangala Gangothri 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 575002010 of State Bank Of India, Mangala Gangothri branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mangala Gangothri 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 -

>>Mangala Gangothri

MICR code for SBI Mangala Gangothri

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 Mangala Gangothri 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. 575002010 is the MICR code of SBI Bank for Mangala Gangothri branch. MICR code for Mangala Gangothri 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 Mangala Gangothri is presented in the table alongside.

Use of State Bank Of India MICR code for Mangala Gangothri branch in mangala gangothri

The MICR code 575002010 is used in RBI cheque clearing process to identify the branch Mangala Gangothri 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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