SBI Panoli Bharuch Gujarat MICR CODE

Find MICR Codes for SBI Panoli Bharuch Gujarat

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panoli
Contact 02646-272021
Bank Details State Bank Of India Panoli SBIN0007399
Location Panoli, Bharuch
City Panoli
District Bharuch
State Gujarat
Pincode 394115
Country IN
Address Dist bharuch, gujarat 394 115
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.

Search SBI MICR Codes in bharuch

You can search through MICR Codes of Gujarat branches in panoli of District bharuch in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Panoli

How to find MICR codes for SBI in panoli?

SBI panoli MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From State Bank Of India MICR codes list for panoli, one can further search by branch name specified in the table. You can find MICR codes for all SBI panoli branches.

State Bank Of India MICR code in panoli

SBI MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of India MICR code for panoli branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for SBI Bank branches in panoli, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does SBI Bank MICR code for panoli branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a SBI panoli branch, sprinted 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. Thus MICR code for State Bank Of India panoli branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of SBI Bank MICR codes for panoli branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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