SBI Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for SBI Bhubaneswar Khurda Orissa

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rail Coach Factory Bhubaneswar
Contact 9937307781
Bank Details State Bank Of India Rail Coach Factory Bhubaneswar SBIN0010240
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751005
Country IN
Address Mancheswar railway workshop mancheswar bhubaneswar distt khurda orissa 751005
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 751002034 for Rail Coach Factory Bhubaneswar 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 751002034 of State Bank Of India, Rail Coach Factory Bhubaneswar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rail Coach Factory Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Rail Coach Factory Bhubaneswar

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 Rail Coach Factory Bhubaneswar 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. 751002034 is the MICR code of SBI Bank for Rail Coach Factory Bhubaneswar branch. MICR code for Rail Coach Factory Bhubaneswar 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 Rail Coach Factory Bhubaneswar is presented in the table alongside.

Use of State Bank Of India MICR code for Rail Coach Factory Bhubaneswar branch in bhubaneswar

The MICR code 751002034 is used in RBI cheque clearing process to identify the branch Rail Coach Factory Bhubaneswar 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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