SBI Hubli Dharwad Karnataka MICR CODE

Find MICR Codes for SBI Hubli Dharwad Karnataka

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	500002151
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	Market Branch Hubli
Contact	0836-2364303
Bank Details	State Bank Of India Market Branch Hubli SBIN0013028

Location	Hubli, Dharwad
City	Hubli
District	Dharwad
State	Karnataka
Pincode	580020
Country	IN
Address	Laxmi complex,1st floor,neeligin road,hubli,distdharwad 580020

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 500002151 for Market Branch Hubli 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 500002151 of State Bank Of India, Market Branch Hubli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Market Branch Hubli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of State Bank Of India are available with micr code -

>>Anandnagar Hubli >>Commercial Hubli >>Document Archival Centre Hubli >>Fic Hubli >>Gokul Industrial Estate Hubli >>Haveri >>Hebsur >>Hubli City >>Hubli Main >>Koppikar Road >>Law University Campus Hubli >>Market Branch Hubli >>Navanagar Hubli >>Nehru Nagarhubli >>Ra And Sme Cc Hubli >>Rail Bhavan Hubli >>Rasmeccc Dharwad >>Rbo Reg 6 Hubli (Nw Ii) >>Rcpc 1 Hubli >>Rcpc 4 Hubli >>Sbiintouch Hubli >>Service Branch Hubli >>Smeccc Hubli >>Stressed Assests Resolution Centre Hubli >>University Of Horticulture Sciencesbagalkot >>Vidyanagar Hubli >>Zonal Office Hubli

MICR code for SBI Market Branch Hubli

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 Market Branch Hubli 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. 500002151 is the MICR code of SBI Bank for Market Branch Hubli branch. MICR code for Market Branch Hubli 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 Market Branch Hubli is presented in the table alongside.

Use of State Bank Of India MICR code for Market Branch Hubli branch in hubli

The MICR code 500002151 is used in RBI cheque clearing process to identify the branch Market Branch Hubli 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!