SBI Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for SBI Nasik Nasik Maharashtra

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nampur Dist. Nasik
Contact 9604833934
Bank Details State Bank Of India Nampur Dist. Nasik SBIN0013537
Location Nasik, Nasik
City Nasik
District Nasik
State Maharashtra
Pincode 423204
Country IN
Address Shivprasad complex, nampur malegaon highway,,swami samarth housing,,at post nampur, tal. Satana, dist. Nasik-423204
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 Nampur Dist. Nasik 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, Nampur Dist. Nasik branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Nampur Dist. Nasik branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Nampur Dist. Nasik

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 Nampur Dist. Nasik 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 Nampur Dist. Nasik branch. MICR code for Nampur Dist. Nasik 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 Nampur Dist. Nasik is presented in the table alongside.

Use of State Bank Of India MICR code for Nampur Dist. Nasik branch in nasik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nampur Dist. Nasik 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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