SBI Warangal Warangal Andhra Pradesh MICR CODE

Find MICR Codes for SBI Warangal Warangal Andhra Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mgm Hospital
Contact 2424304
Bank Details State Bank Of India Mgm Hospital SBIN0020886
Location Warangal, Warangal
City Warangal
District Warangal
State Andhra Pradesh
Pincode 506007
Country IN
Address Svn road, g hospital compound, warangal
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 0 for Mgm Hospital 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 0 of State Bank Of India, Mgm Hospital branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mgm Hospital branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Mgm Hospital

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 Mgm Hospital 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. 0 is the MICR code of SBI Bank for Mgm Hospital branch. MICR code for Mgm Hospital 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 Mgm Hospital is presented in the table alongside.

Use of State Bank Of India MICR code for Mgm Hospital branch in warangal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mgm Hospital 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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