|
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 of State Bank Of India, branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Ac Guards Hyderabad >>Agapura Hyderabad >>Agriculture Business Branch Hyderabad >>Aliabad Hyderabad >>Amberpet Hyderabad >>Ameerpet >>Anandbagh >>Ashoknagar >>Balanagar >>Balkampet >>Banjara Hills Hyderabad >>Barkas Hyderabad >>Barkatpura Hyderabad >>Bazar Ghat Hyderabad >>Begum Bazar Hyderabad >>Begumpet >>Bhel (Randd) Complex Vikas Nagar Branch >>Bhel Randd Complex Hyderabad >>Bowenapally >>Cag Hyderabad >>Centralised Clearing Processing Centre Hyderabad >>Chandrayanagutta >>Chandulal Baradari Hyderabad >>Charminar Hyderabad >>Chirag Ali Lane Hyderabad >>City Recovery Centre Hyderabad >>Commercial Branch Hyderabad >>Cppc >>Dilsukhnagar >>Dr A S Rao Nagar Hyderabad >>Dwarakapuri Punjagutta >>Edi Bazar >>Film Nagar Hyderabad >>Gandhinagar Hyderabad >>Gowliguda Hyderabad >>Hal Campus Balanagar >>Hayatnagar >>Huc Hyderabad >>Humayun Nagar Hyderabad >>Hyderabad Airport Hyderabad >>Hyderabad Main >>Hyderabad Public School Hyderabad >>Hydernagar >>Ifb Hyderabad >>Industrial Estate Kukatpally >>Inspection And Management Audit Department Hyderabad >>Isamia Bazar Hyderabad >>Jubilee Hills >>Karmanghat >>Karvan Hyderabad >>Khairatabad Hyderabad >>King Koti Hyderabad >>Kukatpally >>L B Nagar Hyderabad >>Lalguda >>Langar House Hyderabad >>Mclau Hyderabad >>Mehdipatnam >>Mir Alam Mandi Hyderabad >>Mjj Road Hyderabad >>Motinagar >>Musheerabad >>Nampally Branch Hyderabad >>Narayanguda Hyderabad >>New Mallepally Hyderabad >>Nfc >>Nri Hyderabad >>Oad Lho Hyderabad >>Old Malakpet Hyderabad >>Old Mla Qtrs >>Osmangunj Hyderabad >>Osmania General Hospital Hyderabad >>Overseas Branch Hyderabad >>Padmarao Nagar Hyderabad >>Paradise Circle Branch Secunderabad >>Parishrama Bhawan Hyderabad >>Pbb Abids Hyderabad >>Pbb Dilsukhnagar Hyderabad >>Pbb Gunrock Hyderabad >>Pbb Jubilee Hills Hyderabad >>Pbb Kukatpally Hyderabad >>Pbb Masab Tank Hyderabad >>Pbb Raj Bhavan Road Hyderabad >>Pbb Red Hills Hyderabad >>Prashant Nagar (Uppal) Hyderabad >>Racpc Hyderabad >>Ramanthapur >>Ramnagar >>Samb Secunderabad >>Secunderabad >>Service Branch Hyderabad >>Shamshergunj Hyderabad >>Sib Saifabad Hyderabad >>Sme Branch Hyderabad >>Smeccc Hyderabad >>Sripuram Branch Hyderbad >>State Bank Institute Of Rural Development >>State Bank Staff College >>Temple Branch Kukatpally >>Tolichowki >>Trimulgherry >>Vanasthalipuram Hyderabad >>Vengalrao Nagar >>Vidyanagar Hyderabad >>Yellareddyguda >>Yousufguda >>Zonal Office Hyderabad
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 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. is the MICR code of SBI Bank for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch 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.