SBI Chamoli Pitoragarh Uttrakhand MICR CODE

Find MICR Codes for SBI Chamoli Pitoragarh Uttrakhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pipalkoti
Contact Ip340037
Bank Details State Bank Of India Pipalkoti SBIN0004905
Location Chamoli, Pitoragarh
City Chamoli
District Pitoragarh
State Uttrakhand
Pincode 246472
Country IN
Address Dist chamoli, uttarakhand 246472
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 246002008 for Pipalkoti 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 246002008 of State Bank Of India, Pipalkoti branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Pipalkoti 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 -

>>Pipalkoti

MICR code for SBI Pipalkoti

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 Pipalkoti 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. 246002008 is the MICR code of SBI Bank for Pipalkoti branch. MICR code for Pipalkoti 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 Pipalkoti is presented in the table alongside.

Use of State Bank Of India MICR code for Pipalkoti branch in chamoli

The MICR code 246002008 is used in RBI cheque clearing process to identify the branch Pipalkoti 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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