SBI Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for SBI Allahabad Allahabad Uttar 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 Padila Mahadev
Contact 7897997688
Bank Details State Bank Of India Padila Mahadev SBIN0018671
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211013
Country IN
Address Crpf campus, padila mahadev, allahabad, distt.allahabad. Uttar pradesh-211013
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 0 for Padila Mahadev 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 0 of State Bank Of India, Padila Mahadev branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Padila Mahadev branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Padila Mahadev

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 Padila Mahadev 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. 0 is the MICR code of SBI Bank for Padila Mahadev branch. MICR code for Padila Mahadev 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 Padila Mahadev is presented in the table alongside.

Use of State Bank Of India MICR code for Padila Mahadev branch in allahabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Padila Mahadev 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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