SBI Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for SBI Rajkot Rajkot 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 Rani Tower Branch Rajkot
Contact 0281-2570803 Fax-27545161 Ip No0
Bank Details State Bank Of India Rani Tower Branch Rajkot SBIN0060471
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360005
Country IN
Address Rani tower,1st floor,near nyari filter pump,kalavad road,rajkot360005
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 360002026 for Rani Tower Branch Rajkot 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 360002026 of State Bank Of India, Rani Tower Branch Rajkot branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rani Tower Branch Rajkot 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 Rani Tower Branch Rajkot

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 Rani Tower Branch Rajkot 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. 360002026 is the MICR code of SBI Bank for Rani Tower Branch Rajkot branch. MICR code for Rani Tower Branch Rajkot 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 Rani Tower Branch Rajkot is presented in the table alongside.

Use of State Bank Of India MICR code for Rani Tower Branch Rajkot branch in rajkot

The MICR code 360002026 is used in RBI cheque clearing process to identify the branch Rani Tower Branch Rajkot 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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