SBI Raebareli Raebareli Uttar Pradesh MICR CODE

Find MICR Codes for SBI Raebareli Raebareli Uttar 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 Racc Fimm Raebareli
Contact
Bank Details State Bank Of India Racc Fimm Raebareli SBIN0063163
Location Raebareli, Raebareli
City Raebareli
District Raebareli
State Uttar Pradesh
Pincode 229001
Country IN
Address Mera maan guest house, near saras hotel, sultanpur road, raebareli 229001
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 Racc Fimm Raebareli 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, Racc Fimm Raebareli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Racc Fimm Raebareli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Racc Fimm Raebareli

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 Racc Fimm Raebareli 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 Racc Fimm Raebareli branch. MICR code for Racc Fimm Raebareli 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 Racc Fimm Raebareli is presented in the table alongside.

Use of State Bank Of India MICR code for Racc Fimm Raebareli branch in raebareli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Racc Fimm Raebareli 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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