SBI Nowrozabad Umaria Madhya Pradesh MICR CODE

Find MICR Codes for SBI Nowrozabad Umaria Madhya 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 Nowrozabad
Contact Tel-07653-268225, 268393
Bank Details State Bank Of India Nowrozabad SBIN0003958
Location Nowrozabad, Umaria
City Nowrozabad
District Umaria
State Madhya Pradesh
Pincode 484555
Country IN
Address Dist umaria, madhya pradesh484 555
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 484002048 for Nowrozabad 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 484002048 of State Bank Of India, Nowrozabad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Nowrozabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Nowrozabad

MICR code for SBI Nowrozabad

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 Nowrozabad 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. 484002048 is the MICR code of SBI Bank for Nowrozabad branch. MICR code for Nowrozabad 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 Nowrozabad is presented in the table alongside.

Use of State Bank Of India MICR code for Nowrozabad branch in nowrozabad

The MICR code 484002048 is used in RBI cheque clearing process to identify the branch Nowrozabad 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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