SBI Bhilai Durg Chhattisgarh MICR CODE

Find MICR Codes for SBI Bhilai Durg Chhattisgarh

↻ Reload
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maroda Utai Bhilai
Contact 0788-2277348 2270522 0788-2277348 (Fax) Ip:202451
Bank Details State Bank Of India Maroda Utai Bhilai SBIN0006995
Location Bhilai, Durg
City Bhilai
District Durg
State Chhattisgarh
Pincode 490006
Country IN
Address 42-j,risali sector, bhilai, bhilai, durg, chhattisgarh ,pin - 490006
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 490002009 for Maroda Utai Bhilai 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 490002009 of State Bank Of India, Maroda Utai Bhilai branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Maroda Utai Bhilai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Maroda Utai Bhilai

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 Maroda Utai Bhilai 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. 490002009 is the MICR code of SBI Bank for Maroda Utai Bhilai branch. MICR code for Maroda Utai Bhilai 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 Maroda Utai Bhilai is presented in the table alongside.

Use of State Bank Of India MICR code for Maroda Utai Bhilai branch in bhilai

The MICR code 490002009 is used in RBI cheque clearing process to identify the branch Maroda Utai Bhilai 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!