SBI Pedong Pedong Sikkim MICR CODE

Find MICR Codes for SBI Pedong Pedong Sikkim

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MICR Code	-NA-
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	Pedong
Contact	0353-2430360
Bank Details	State Bank Of India Pedong SBIN0012407

Location	Pedong, Pedong
City	Pedong
District	Pedong
State	Sikkim
Pincode	734311
Country	IN
Address	Shri sonam damdi bhutia, c/o late goley doma bhutia, damdi building, near pedong bazar, pedong - 734311

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 Pedong 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, Pedong branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Pedong 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 -

>>Pedong

MICR code for SBI Pedong

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 Pedong 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 Pedong branch. MICR code for Pedong 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 Pedong is presented in the table alongside.

Use of State Bank Of India MICR code for Pedong branch in pedong

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pedong 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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