SBI Navsari Navsari Gujarat MICR CODE

Find MICR Codes for SBI Navsari Navsari 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 Rankuva
Contact Bm 9979894427
Bank Details State Bank Of India Rankuva SBIN0011022
Location Navsari, Navsari
City Navsari
District Navsari
State Gujarat
Pincode 396560
Country IN
Address Rankuva charrasta and p onavasari dist
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 396002204 for Rankuva 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 396002204 of State Bank Of India, Rankuva branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rankuva branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Rankuva

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 Rankuva 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. 396002204 is the MICR code of SBI Bank for Rankuva branch. MICR code for Rankuva 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 Rankuva is presented in the table alongside.

Use of State Bank Of India MICR code for Rankuva branch in navsari

The MICR code 396002204 is used in RBI cheque clearing process to identify the branch Rankuva 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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