SBI Prabhat Pattan Betul Madhya Pradesh MICR CODE

Find MICR Codes for SBI Prabhat Pattan Betul Madhya Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prabhat Pattan
Contact Ip: 121234 Tel: 07148-256629/256981
Bank Details State Bank Of India Prabhat Pattan SBIN0005499
Location Prabhat Pattan, Betul
City Prabhat Pattan
District Betul
State Madhya Pradesh
Pincode 460665
Country IN
Address Dist betul, madhya pradesh 460665
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 460002017 for Prabhat Pattan 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 460002017 of State Bank Of India, Prabhat Pattan branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Prabhat Pattan 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 -

>>Prabhat Pattan

MICR code for SBI Prabhat Pattan

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 Prabhat Pattan 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. 460002017 is the MICR code of SBI Bank for Prabhat Pattan branch. MICR code for Prabhat Pattan 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 Prabhat Pattan is presented in the table alongside.

Use of State Bank Of India MICR code for Prabhat Pattan branch in prabhat pattan

The MICR code 460002017 is used in RBI cheque clearing process to identify the branch Prabhat Pattan 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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