SBI Jhansi Jhansi Uttar Pradesh MICR CODE

Find MICR Codes for SBI Jhansi Jhansi Uttar 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 Moth
Contact 01570-250302/250140
Bank Details State Bank Of India Moth SBIN0001159
Location Jhansi, Jhansi
City Jhansi
District Jhansi
State Uttar Pradesh
Pincode 284303
Country IN
Address Dist jhansi,state uttar pradesh, pin 284303
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 284002016 for Moth 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 284002016 of State Bank Of India, Moth branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Moth branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Moth

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 Moth 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. 284002016 is the MICR code of SBI Bank for Moth branch. MICR code for Moth 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 Moth is presented in the table alongside.

Use of State Bank Of India MICR code for Moth branch in jhansi

The MICR code 284002016 is used in RBI cheque clearing process to identify the branch Moth 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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