SBI Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for SBI Belgaum Belgaum Karnataka

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State
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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	Raibag
Contact	224222
Bank Details	State Bank Of India Raibag SBIN0040818

Location	Belgaum, Belgaum
City	Belgaum
District	Belgaum
State	Karnataka
Pincode	591317
Country	IN
Address	Tpc 2746 shree sadan,shree nagar,court circle,station road,raibag,591317

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 Raibag 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, Raibag branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Raibag branch, makes the characters readable even if there are other marks and stamps on it.

A total of 42 branches of State Bank Of India are available with micr code -

>>Abd Belgaum >>Angol >>Belgaum >>Belgaum >>Belgaum Bazaar >>Belgaum City >>Belgaum Main >>Belgaum Zonal Office >>Ccpc Belgaum >>Channammanagar >>Comm. Belgaum >>Goaves >>Government Estate Belgaum >>Hanuman Nagar >>Hanuman Nagar >>Hindwadi >>Hukeri >>Industrail Estate Belgaum >>Industrial Estate Kakati >>Khanapur >>Khasbag >>M K Hubli >>Malamaruthi Extn >>Mlirc Belgaum >>Pbb Belgaum >>Raibag >>Ramteertha Nagar Belgaum >>Ramthirtha Nagar >>Rcpc 2 Hubli >>Region V Hz >>Regional Business Office Belgaum >>Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum >>Sadashivanagar Belgaum >>Sambra >>Sbiintouch Belgaum >>Service Branch Belgaum >>Shahapur Belgaum >>Ssi Belgaum >>Suvarna Vidhana Soudha >>Vadagaon >>Vtu Campus Matche >>Yamakanamaradi

MICR code for SBI Raibag

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

Use of State Bank Of India MICR code for Raibag branch in belgaum

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