SBI Rajgarhdhar Dhar Madhya Pradesh MICR CODE

Find MICR Codes for SBI Rajgarhdhar Dhar 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 Rajgarhdhar
Contact 07296-232224,235582
Bank Details State Bank Of India Rajgarhdhar SBIN0030046
Location Rajgarhdhar, Dhar
City Rajgarhdhar
District Dhar
State Madhya Pradesh
Pincode 454001
Country IN
Address Rajgarh (dhar)
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.

Search SBI MICR Codes in dhar

You can search through MICR Codes of Madhya Pradesh branches in rajgarhdhar of District dhar in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of State Bank Of India are available with micr code -

>>Rajgarhdhar

How to find MICR codes for SBI in rajgarhdhar?

SBI rajgarhdhar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From State Bank Of India MICR codes list for rajgarhdhar, one can further search by branch name specified in the table. You can find MICR codes for all SBI rajgarhdhar branches.

State Bank Of India MICR code in rajgarhdhar

SBI MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of India MICR code for rajgarhdhar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for SBI Bank branches in rajgarhdhar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does SBI Bank MICR code for rajgarhdhar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a SBI rajgarhdhar branch, sprinted 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. Thus MICR code for State Bank Of India rajgarhdhar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of SBI Bank MICR codes for rajgarhdhar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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