SBI Shahjahanpur Shahjahanpur Uttar Pradesh MICR CODE

Find MICR Codes for SBI Shahjahanpur Shahjahanpur Uttar Pradesh

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MICR Code	242002027
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	Nigohi
Contact	05841-275040
Bank Details	State Bank Of India Nigohi SBIN0010875

Location	Shahjahanpur, Shahjahanpur
City	Shahjahanpur
District	Shahjahanpur
State	Uttar Pradesh
Pincode	242702
Country	IN
Address	Dist, shahjahanpur, state, uttar, pradeshpin, 242702,

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 242002027 for Nigohi 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 242002027 of State Bank Of India, Nigohi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Nigohi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 25 branches of State Bank Of India are available with micr code -

>>Adb Tilhar >>Allahgunj >>Cac Town Hall Shahjahanpur >>Dalel Ganj >>Defence Banking Branch Shahjahanpur. >>Gangsera >>Jalalabad >>Jalalnagar Bajaria >>Knsb Shahjahanpur >>Mandi Samiti Powayan >>Miniracpc Shahjahanpur >>Miranpur Katra >>Mirjapur >>Nawada Indipur >>Nigohi >>Ocf Shahjahanpur >>Pakka Katra Tilhar >>R.C.P.C. Shahjahanpur >>Rafiabad Kalan >>Rausal >>Rbo Iii Shahjahanpur >>Shahjahanpur Fimm Dsh >>Shahjahanpur Racc Fimm >>Shahjahanpur Racc R And Db >>Sidhauli

MICR code for SBI Nigohi

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 Nigohi 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. 242002027 is the MICR code of SBI Bank for Nigohi branch. MICR code for Nigohi 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 Nigohi is presented in the table alongside.

Use of State Bank Of India MICR code for Nigohi branch in shahjahanpur

The MICR code 242002027 is used in RBI cheque clearing process to identify the branch Nigohi 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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