SBI Panorama Hills Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for SBI Panorama Hills Visakhapatnam Visakhapatnam Andhra 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 Panorama Hills Visakhapatnam
Contact 891-9491399902
Bank Details State Bank Of India Panorama Hills Visakhapatnam SBIN0064591
Location Panorama Hills Visakhapatnam, Visakhapatnam
City Panorama Hills Visakhapatnam
District Visakhapatnam
State Andhra Pradesh
Pincode 530041
Country IN
Address State bank of india,panorama hills branch,the glitz,d no 2-221/211/1,flat no 1,ground floor,sriram panorama hills,100 feet law,college road,madhurawada,visakhapatnam -530041
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 Panorama Hills Visakhapatnam 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, Panorama Hills Visakhapatnam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Panorama Hills Visakhapatnam 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 -

>>Panorama Hills Visakhapatnam

MICR code for SBI Panorama Hills Visakhapatnam

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 Panorama Hills Visakhapatnam 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 Panorama Hills Visakhapatnam branch. MICR code for Panorama Hills Visakhapatnam 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 Panorama Hills Visakhapatnam is presented in the table alongside.

Use of State Bank Of India MICR code for Panorama Hills Visakhapatnam branch in panorama hills visakhapatnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Panorama Hills Visakhapatnam 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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