SBI Akola Akola Maharashtra MICR CODE

Find MICR Codes for SBI Akola Akola Maharashtra

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MICR Code	444002002
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	Old City Akola
Contact	109546
Bank Details	State Bank Of India Old City Akola SBIN0003784

Location	Akola, Akola
City	Akola
District	Akola
State	Maharashtra
Pincode
Country	IN
Address	Akola, maharashtra

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 444002002 for Old City Akola 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 444002002 of State Bank Of India, Old City Akola branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Old City Akola branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of State Bank Of India are available with micr code -

>>Adarsh Colony Akola >>Adb Akola >>Akola >>Akola >>Barshitakli >>Borgaon Manju >>Cac Akola >>Chohatta Bazar >>Dabki Road Akola >>Kaulkhed >>Malkapur Akola >>Mini Racpc Akola >>Old City Akola >>Old Purti Bazar Akola >>Patur >>Ramdaspeth >>Rbo 4 Nagpur >>Rcpc Akola >>Sbiintouch Akola >>Sbiintouch Washim >>Staff Training Centre Akola >>Treasury Branch Akola

MICR code for SBI Old City Akola

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 Old City Akola 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. 444002002 is the MICR code of SBI Bank for Old City Akola branch. MICR code for Old City Akola 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 Old City Akola is presented in the table alongside.

Use of State Bank Of India MICR code for Old City Akola branch in akola

The MICR code 444002002 is used in RBI cheque clearing process to identify the branch Old City Akola 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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