SBI Ramgarh Hazaribagh Jharkhand MICR CODE

Find MICR Codes for SBI Ramgarh Hazaribagh Jharkhand

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MICR Code	829002002
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	Ramgarh Cantt.
Contact	Ip:552555
Bank Details	State Bank Of India Ramgarh Cantt. SBIN0000164

Location	Ramgarh, Hazaribagh
City	Ramgarh
District	Hazaribagh
State	Jharkhand
Pincode	829122
Country	IN
Address	Dist hazaribagh, jharkhand 829122

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 829002002 for Ramgarh Cantt. 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 829002002 of State Bank Of India, Ramgarh Cantt. branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ramgarh Cantt. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Barkakana >>Ramgarh Cantt.

MICR code for SBI Ramgarh Cantt.

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 Ramgarh Cantt. 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. 829002002 is the MICR code of SBI Bank for Ramgarh Cantt. branch. MICR code for Ramgarh Cantt. 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 Ramgarh Cantt. is presented in the table alongside.

Use of State Bank Of India MICR code for Ramgarh Cantt. branch in ramgarh

The MICR code 829002002 is used in RBI cheque clearing process to identify the branch Ramgarh Cantt. 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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