SBI Agra Agra Uttar Pradesh MICR CODE

Find MICR Codes for SBI Agra Agra Uttar 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 New Shahganj Agra
Contact 0562-2213632 2217086 0562-2213632 (Fax) Ip - 306571
Bank Details State Bank Of India New Shahganj Agra SBIN0004029
Location Agra, Agra
City Agra
District Agra
State Uttar Pradesh
Pincode 282010
Country IN
Address Shri krishna gaushala buildingagra, uttar pradesh282010 ,pin-282010
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 282002020 for New Shahganj Agra 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 282002020 of State Bank Of India, New Shahganj Agra branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for New Shahganj Agra branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI New Shahganj Agra

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 New Shahganj Agra 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. 282002020 is the MICR code of SBI Bank for New Shahganj Agra branch. MICR code for New Shahganj Agra 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 New Shahganj Agra is presented in the table alongside.

Use of State Bank Of India MICR code for New Shahganj Agra branch in agra

The MICR code 282002020 is used in RBI cheque clearing process to identify the branch New Shahganj Agra 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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