SBI Vashi Navi Mumbai Raigad Maharashtra MICR CODE

Find MICR Codes for SBI Vashi Navi Mumbai Raigad Maharashtra

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rasmeccc Navi Mumbai
Contact 022-27884450/51/52/53/54
Bank Details State Bank Of India Rasmeccc Navi Mumbai SBIN0014677
Location Vashi Navi Mumbai, Raigad
City Vashi Navi Mumbai
District Raigad
State Maharashtra
Pincode 400703
Country IN
Address Sector 19-c, plot no 179 / 1,2; devgiri complex, 1st floor,, opp. Dana bazar, vashi, navi mumbai - 400703
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 Rasmeccc Navi Mumbai 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, Rasmeccc Navi Mumbai branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rasmeccc Navi Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Rasmeccc Navi Mumbai

MICR code for SBI Rasmeccc Navi Mumbai

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 Rasmeccc Navi Mumbai 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 Rasmeccc Navi Mumbai branch. MICR code for Rasmeccc Navi Mumbai 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 Rasmeccc Navi Mumbai is presented in the table alongside.

Use of State Bank Of India MICR code for Rasmeccc Navi Mumbai branch in vashi navi mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rasmeccc Navi Mumbai 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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