SBI Basti Basti Uttar Pradesh MICR CODE

Find MICR Codes for SBI Basti Basti Uttar Pradesh

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MICR Code	272002071
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	Parshurampur
Contact	05546-266411
Bank Details	State Bank Of India Parshurampur SBIN0011196

Location	Basti, Basti
City	Basti
District	Basti
State	Uttar Pradesh
Pincode	272120
Country	IN
Address	Kisan inter college campus,parshurampur,distt basti 272120

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 272002071 for Parshurampur 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 272002071 of State Bank Of India, Parshurampur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Parshurampur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of State Bank Of India are available with micr code -

>>Basti >>Basti R And Db Racc >>Bhadawal >>Bhanpur Baboo >>Bhiti Mishir >>Buxar >>Chilma Bazar >>Court Area >>Dakkhin Darwaza >>Dsh Basti Gonda Fimm >>Dubaulia Bazar >>Gaur >>Keshavpur >>Medical College Branch Basti >>Mini Racpc Basti >>Nagar Bazar >>Pakardar >>Parshurampur >>Racc Basti Fimm >>Rbo V Basti >>Rcpc Basti >>Rudhauli >>Saltauwa Gopalpur >>Saw Ghat >>Sme Branch Basti >>Specialised Pb Branch Basti

MICR code for SBI Parshurampur

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 Parshurampur 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. 272002071 is the MICR code of SBI Bank for Parshurampur branch. MICR code for Parshurampur 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 Parshurampur is presented in the table alongside.

Use of State Bank Of India MICR code for Parshurampur branch in basti

The MICR code 272002071 is used in RBI cheque clearing process to identify the branch Parshurampur 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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