SBI Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for SBI Rajkot Rajkot Gujarat

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MICR Code	360002016
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	Rajkot Karanpara
Contact	0281-228200 Fax0 Ip No-6154426
Bank Details	State Bank Of India Rajkot Karanpara SBIN0060172

Location	Rajkot, Rajkot
City	Rajkot
District	Rajkot
State	Gujarat
Pincode	360001
Country	IN
Address	Poonam apartment,karansinhji road,post box no 12,rajkot 360001

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 360002016 for Rajkot Karanpara 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 360002016 of State Bank Of India, Rajkot Karanpara branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rajkot Karanpara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 94 branches of State Bank Of India are available with micr code -

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MICR code for SBI Rajkot Karanpara

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 Rajkot Karanpara 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. 360002016 is the MICR code of SBI Bank for Rajkot Karanpara branch. MICR code for Rajkot Karanpara 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 Rajkot Karanpara is presented in the table alongside.

Use of State Bank Of India MICR code for Rajkot Karanpara branch in rajkot

The MICR code 360002016 is used in RBI cheque clearing process to identify the branch Rajkot Karanpara 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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