SBI Ramanagara Ramanagara Karnataka MICR CODE

Find MICR Codes for SBI Ramanagara Ramanagara Karnataka

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State
District
City
Branch
Address

MICR Code	-NA-
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	Mudagere
Contact	27262228
Bank Details	State Bank Of India Mudagere SBIN0040397

Location	Ramanagara, Ramanagara
City	Ramanagara
District	Ramanagara
State	Karnataka
Pincode	562160
Country	IN
Address	Mudagere, bangalore, karnataka, mudagere 571 501

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

A total of 3 branches of State Bank Of India are available with micr code -

>>Honganur >>Mudagere >>R And Db Retail Asset Credit Centre Ramanagaram

MICR code for SBI Mudagere

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 Mudagere 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 Mudagere branch. MICR code for Mudagere 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 Mudagere is presented in the table alongside.

Use of State Bank Of India MICR code for Mudagere branch in ramanagara

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