SBI Karnal Karnal Haryana MICR CODE

Find MICR Codes for SBI Karnal Karnal Haryana

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nilokheri
Contact Ip:408610, 01745-246318, 246358
Bank Details State Bank Of India Nilokheri SBIN0002440
Location Karnal, Karnal
City Karnal
District Karnal
State Haryana
Pincode 132117
Country IN
Address Dist karnal, haryana 132117
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 132002117 for Nilokheri 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 132002117 of State Bank Of India, Nilokheri branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Nilokheri branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Nilokheri

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 Nilokheri 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. 132002117 is the MICR code of SBI Bank for Nilokheri branch. MICR code for Nilokheri 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 Nilokheri is presented in the table alongside.

Use of State Bank Of India MICR code for Nilokheri branch in karnal

The MICR code 132002117 is used in RBI cheque clearing process to identify the branch Nilokheri 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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