SBI Old Pal Jakat Naka Surat Gujarat MICR CODE

Find MICR Codes for SBI Old Pal Jakat Naka Surat Gujarat

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MICR Code	395002039
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	Pal
Contact	0261-3216676
Bank Details	State Bank Of India Pal SBIN0011013

Location	Old Pal Jakat Naka, Surat
City	Old Pal Jakat Naka
District	Surat
State	Gujarat
Pincode	394510
Country	IN
Address	Near old pal jakat nakahazira road,pal,surat distsurat 394510

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 395002039 for Pal 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 395002039 of State Bank Of India, Pal branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Pal 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 -

>>Pal

MICR code for SBI Pal

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 Pal 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. 395002039 is the MICR code of SBI Bank for Pal branch. MICR code for Pal 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 Pal is presented in the table alongside.

Use of State Bank Of India MICR code for Pal branch in old pal jakat naka

The MICR code 395002039 is used in RBI cheque clearing process to identify the branch Pal 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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