SBI Navalgund Adb Dharwad Karnataka MICR CODE

Find MICR Codes for SBI Navalgund Adb Dharwad Karnataka

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navalgund Adb
Contact Ip982116,08380-229087
Bank Details State Bank Of India Navalgund Adb SBIN0003450
Location Navalgund Adb, Dharwad
City Navalgund Adb
District Dharwad
State Karnataka
Pincode 582208
Country IN
Address Pb no1, raghavendra com, naval gund gadag road, distt. Dharwad, karnataka 582 208
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 582002208 for Navalgund Adb 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 582002208 of State Bank Of India, Navalgund Adb branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Navalgund Adb branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Navalgund Adb

MICR code for SBI Navalgund Adb

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 Navalgund Adb 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. 582002208 is the MICR code of SBI Bank for Navalgund Adb branch. MICR code for Navalgund Adb 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 Navalgund Adb is presented in the table alongside.

Use of State Bank Of India MICR code for Navalgund Adb branch in navalgund adb

The MICR code 582002208 is used in RBI cheque clearing process to identify the branch Navalgund Adb 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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