SBI Narsinghpur Narsinghpur Madhya Pradesh MICR CODE

Find MICR Codes for SBI Narsinghpur Narsinghpur Madhya 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 Narsinghpur
Contact Ip: 205567 Tel: 07792-230185/230319/234344/232467
Bank Details State Bank Of India Narsinghpur SBIN0000436
Location Narsinghpur, Narsinghpur
City Narsinghpur
District Narsinghpur
State Madhya Pradesh
Pincode 487001
Country IN
Address Narsinghpur, m.p., pin 487001
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 487002002 for Narsinghpur 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 487002002 of State Bank Of India, Narsinghpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Narsinghpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of State Bank Of India are available with micr code -

>>Adb Narsinghpur >>Banwari >>Cac Narsinghpur >>Chichli >>Khamariya >>Krishi Upaj Mandi Gotegaon >>Narsinghpur >>Racc Mandla Fi And Mm >>Racc Narsinghpur Fi And Mm

MICR code for SBI Narsinghpur

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 Narsinghpur 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. 487002002 is the MICR code of SBI Bank for Narsinghpur branch. MICR code for Narsinghpur 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 Narsinghpur is presented in the table alongside.

Use of State Bank Of India MICR code for Narsinghpur branch in narsinghpur

The MICR code 487002002 is used in RBI cheque clearing process to identify the branch Narsinghpur 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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