MICR Code Bank
Find MICR code for SBI Midc Kupwad branches in India for NEFT and RTGS transfer

SBI Midc Kupwad MICR CODE

Find MICR Codes for SBI Midc Kupwad

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  1. State Bank Of India »
  2. Maharashtra »
  3. sangli »
  4. sangli »
  5. midc kupwad (sangali

Find MICR Codes for SBI Midc Kupwad

MICR Code: 416002934
Bank: State Bank Of India
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Midc Kupwad (Sangali
Contact: Ip-105661 Tel-0233-2644857/2644957
Bank Details: State Bank Of India Midc Kupwad (Sangali SBIN0001939
Location: Sangli, Sangli
City: Sangli
District: Sangli
State: Maharashtra
Pincode: 416436
Country: IN
Address: J11 midc kupwad distt sangli maharashtra 416436

How does MICR code for midc kupwad 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 of State Bank Of India, midc kupwad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for midc kupwad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI midc kupwad

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 midc kupwad 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. is the MICR code of SBI Bank for midc kupwad branch. MICR code for midc kupwad 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 midc kupwad is presented in the table alongside.

Use of State Bank Of India MICR code for midc kupwad branch in sangli

The MICR code is used in RBI cheque clearing process to identify the branch midc kupwad 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.