SBI Rourkela Surendranagar Orissa MICR CODE

Find MICR Codes for SBI Rourkela Surendranagar Orissa

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MICR Code	769002105
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	Panposh
Contact	Ip-652491, 0661-2664788
Bank Details	State Bank Of India Panposh SBIN0004859

Location	Rourkela, Surendranagar
City	Rourkela
District	Surendranagar
State	Orissa
Pincode	769004
Country	IN
Address	Rourkela,dist sundargarh ,orissa ,pin - 769004

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 769002105 for Panposh 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 769002105 of State Bank Of India, Panposh branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Panposh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of State Bank Of India are available with micr code -

>>Balijhudi >>Commercial Branch Rourkela >>Daily Market Evening Rourkela >>Jalda >>Kalunga Adb Rourkela >>Koelnagar >>Nit Rourkela >>Panposh >>Rourkela >>Rourkela Fertiliser Township >>Rourkela Industrial Estate >>Rourkela Township >>Sector 14 Rourkela >>Sector I Rourkela >>Uditnagar

MICR code for SBI Panposh

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 Panposh 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. 769002105 is the MICR code of SBI Bank for Panposh branch. MICR code for Panposh 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 Panposh is presented in the table alongside.

Use of State Bank Of India MICR code for Panposh branch in rourkela

The MICR code 769002105 is used in RBI cheque clearing process to identify the branch Panposh 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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