SBI Pali Pali Rajasthan MICR CODE

Find MICR Codes for SBI Pali Pali Rajasthan

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nayagaon Industrial Area Pali
Contact 8003597098
Bank Details State Bank Of India Nayagaon Industrial Area Pali SBIN0032170
Location Pali, Pali
City Pali
District Pali
State Rajasthan
Pincode 306401
Country IN
Address Vishawas bhawan,gautam vihar,naya gaon road,pali 306401
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 Nayagaon Industrial Area Pali 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, Nayagaon Industrial Area Pali branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Nayagaon Industrial Area Pali branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Nayagaon Industrial Area Pali

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 Nayagaon Industrial Area Pali 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 Nayagaon Industrial Area Pali branch. MICR code for Nayagaon Industrial Area Pali 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 Nayagaon Industrial Area Pali is presented in the table alongside.

Use of State Bank Of India MICR code for Nayagaon Industrial Area Pali branch in pali

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nayagaon Industrial Area Pali 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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