SBI Ernakulam Ernakulam Kerala MICR CODE

Find MICR Codes for SBI Ernakulam Ernakulam Kerala

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MICR Code	682002102
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	Minicoy
Contact	0489-2223053
Bank Details	State Bank Of India Minicoy SBIN0010599

Location	Ernakulam, Ernakulam
City	Ernakulam
District	Ernakulam
State	Kerala
Pincode	682559
Country	IN
Address	Minicoy,kadeeja manikka,furakkad aouge house,sedivalu village,dist682559

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 682002102 for Minicoy 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 682002102 of State Bank Of India, Minicoy branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Minicoy branch, makes the characters readable even if there are other marks and stamps on it.

A total of 70 branches of State Bank Of India are available with micr code -

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MICR code for SBI Minicoy

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 Minicoy 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. 682002102 is the MICR code of SBI Bank for Minicoy branch. MICR code for Minicoy 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 Minicoy is presented in the table alongside.

Use of State Bank Of India MICR code for Minicoy branch in ernakulam

The MICR code 682002102 is used in RBI cheque clearing process to identify the branch Minicoy 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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