SBI Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for SBI Delhi New Delhi New Delhi

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MICR Code	110002093
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	Okhla I E
Contact	Ip-300457
Bank Details	State Bank Of India Okhla I E SBIN0000727

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110020
Country	IN
Address	Delhi, 110020

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 110002093 for Okhla I E 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 110002093 of State Bank Of India, Okhla I E branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Okhla I E branch, makes the characters readable even if there are other marks and stamps on it.

A total of 256 branches of State Bank Of India are available with micr code -

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MICR code for SBI Okhla I E

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 Okhla I E 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. 110002093 is the MICR code of SBI Bank for Okhla I E branch. MICR code for Okhla I E 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 Okhla I E is presented in the table alongside.

Use of State Bank Of India MICR code for Okhla I E branch in delhi

The MICR code 110002093 is used in RBI cheque clearing process to identify the branch Okhla I E 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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