SBI New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for SBI New Delhi New Delhi New Delhi

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Prasar Bharti Branch New Delhi
Contact Tel:011-23316508
Bank Details State Bank Of India Prasar Bharti Branch New Delhi SBIN0011484
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110003
Country IN
Address Dist delhistate delhi
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 110002463 for Prasar Bharti Branch New Delhi 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 110002463 of State Bank Of India, Prasar Bharti Branch New Delhi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Prasar Bharti Branch New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Prasar Bharti Branch New Delhi

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 Prasar Bharti Branch New Delhi 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. 110002463 is the MICR code of SBI Bank for Prasar Bharti Branch New Delhi branch. MICR code for Prasar Bharti Branch New Delhi 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 Prasar Bharti Branch New Delhi is presented in the table alongside.

Use of State Bank Of India MICR code for Prasar Bharti Branch New Delhi branch in new delhi

The MICR code 110002463 is used in RBI cheque clearing process to identify the branch Prasar Bharti Branch New Delhi 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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