SBI Mandi Mandi Himachal Pradesh MICR CODE

Find MICR Codes for SBI Mandi Mandi Himachal Pradesh

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MICR Code	175002014
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	Ner Chowk
Contact	Nil
Bank Details	State Bank Of India Ner Chowk SBIN0011883

Location	Mandi, Mandi
City	Mandi
District	Mandi
State	Himachal Pradesh
Pincode	175008
Country	IN
Address	Highway building, near bus stand,po ner-chowk,distt. Mandi (h.p)-175008

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 175002014 for Ner Chowk 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 175002014 of State Bank Of India, Ner Chowk branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ner Chowk 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 -

>>Bhangrotu >>Bir Road >>Cac Mandi >>Mandi >>Mandi >>Ner Chowk >>R And Db Racc Mandi >>Rbo Mandi >>Sundernagar >>Thunag

MICR code for SBI Ner Chowk

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 Ner Chowk 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. 175002014 is the MICR code of SBI Bank for Ner Chowk branch. MICR code for Ner Chowk 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 Ner Chowk is presented in the table alongside.

Use of State Bank Of India MICR code for Ner Chowk branch in mandi

The MICR code 175002014 is used in RBI cheque clearing process to identify the branch Ner Chowk 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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