SBI Porbandar Porbander Gujarat MICR CODE

Find MICR Codes for SBI Porbandar Porbander Gujarat

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ranavav
Contact 02801-230388 Fax-230388 Ip No-6158551
Bank Details State Bank Of India Ranavav SBIN0060062
Location Porbandar, Porbander
City Porbandar
District Porbander
State Gujarat
Pincode 360550
Country IN
Address Bazar road,ranavav 360550 dist porbandar
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 360002550 for Ranavav 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 360002550 of State Bank Of India, Ranavav branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ranavav branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of State Bank Of India are available with micr code -

>>Bagvadar >>Chhaya >>Devda >>Khageshri >>Kutiyana >>Madhavpur Ghed >>Manek Chowk Porbander >>Mokar >>Porbandar >>Porbandar Ind >>Porbander S.M. Road >>Porbander Thakkar Plot >>Ranavav

MICR code for SBI Ranavav

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 Ranavav 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. 360002550 is the MICR code of SBI Bank for Ranavav branch. MICR code for Ranavav 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 Ranavav is presented in the table alongside.

Use of State Bank Of India MICR code for Ranavav branch in porbandar

The MICR code 360002550 is used in RBI cheque clearing process to identify the branch Ranavav 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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