SBI Hosur Krishnagiri Tamil Nadu MICR CODE

Find MICR Codes for SBI Hosur Krishnagiri Tamil Nadu

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rasmec Hosur
Contact
Bank Details State Bank Of India Rasmec Hosur SBIN0061275
Location Hosur, Krishnagiri
City Hosur
District Krishnagiri
State Tamil Nadu
Pincode 635126
Country IN
Address Sri vaari building, plot no. 2, sipcot industrial estate, phase-1 zuzuvadi (opp. Ashok leyland) hosur, krishnagiri (tn) - 635126
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 0 for Rasmec Hosur 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 0 of State Bank Of India, Rasmec Hosur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rasmec Hosur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of State Bank Of India are available with micr code -

>>Hosur >>Hosur Adb >>Hosur Town >>Rasmec Hosur

MICR code for SBI Rasmec Hosur

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 Rasmec Hosur 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. 0 is the MICR code of SBI Bank for Rasmec Hosur branch. MICR code for Rasmec Hosur 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 Rasmec Hosur is presented in the table alongside.

Use of State Bank Of India MICR code for Rasmec Hosur branch in hosur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rasmec Hosur 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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