SBI Koraput Koraput Orissa MICR CODE

Find MICR Codes for SBI Koraput Koraput Orissa

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MICR Code	765002014
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	Narayanpatna
Contact	06855-264406
Bank Details	State Bank Of India Narayanpatna SBIN0003382

Location	Koraput, Koraput
City	Koraput
District	Koraput
State	Orissa
Pincode	765014
Country	IN
Address	Dist koraput,orissa 765014

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 765002014 for Narayanpatna 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 765002014 of State Bank Of India, Narayanpatna branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Narayanpatna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of India are available with micr code -

>>Adamunda Malkangiri >>Balda >>Cac Koraput >>Koraput >>Koraput Evening >>Narayanpatna >>Rcpc Jeypore >>S L N Medical College Br Koraput >>Semiliguda >>Sunabeda

MICR code for SBI Narayanpatna

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 Narayanpatna 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. 765002014 is the MICR code of SBI Bank for Narayanpatna branch. MICR code for Narayanpatna 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 Narayanpatna is presented in the table alongside.

Use of State Bank Of India MICR code for Narayanpatna branch in koraput

The MICR code 765002014 is used in RBI cheque clearing process to identify the branch Narayanpatna 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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