SBI Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for SBI Mangalore Dakshin Kannad Karnataka

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MICR Code	575009003
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	Manjanady Assaigoli
Contact	2288010
Bank Details	State Bank Of India Manjanady Assaigoli SBIN0071037

Location	Mangalore, Dakshin Kannad
City	Mangalore
District	Dakshin Kannad
State	Karnataka
Pincode	574199
Country	IN
Address	No1 - 5 - 51, rvarcade, assaigolipo, manjanady, dakshinakannada, 574199

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 575009003 for Manjanady Assaigoli 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 575009003 of State Bank Of India, Manjanady Assaigoli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Manjanady Assaigoli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of State Bank Of India are available with micr code -

>>Beeri Mangalore >>Boliyaru >>Harekala Eliyarpadavu >>Mangalore >>Manjanady Assaigoli >>Melkar >>Munnur >>Pavooru >>Sbiintouch Lite Mangalore >>Shiradi >>Suratkal

MICR code for SBI Manjanady Assaigoli

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 Manjanady Assaigoli 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. 575009003 is the MICR code of SBI Bank for Manjanady Assaigoli branch. MICR code for Manjanady Assaigoli 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 Manjanady Assaigoli is presented in the table alongside.

Use of State Bank Of India MICR code for Manjanady Assaigoli branch in mangalore

The MICR code 575009003 is used in RBI cheque clearing process to identify the branch Manjanady Assaigoli 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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