SBI Anantapur Anantpur Andhra Pradesh MICR CODE

Find MICR Codes for SBI Anantapur Anantpur Andhra Pradesh

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MICR Code	515002056
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rayalacheruvu
Contact	08558-277439
Bank Details	State Bank Of India Rayalacheruvu SBIN0011125

Location	Anantapur, Anantpur
City	Anantapur
District	Anantpur
State	Andhra Pradesh
Pincode	515455
Country	IN
Address	4 by 66,siddaramapuram,anantapur dist,ap 515455

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 515002056 for Rayalacheruvu 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 515002056 of State Bank Of India, Rayalacheruvu branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rayalacheruvu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of India are available with micr code -

>>Adb Anantapur >>Adb Kadiri >>Anantpur Main Br. >>Gandhi Bazar Anantapur >>Gec(Jntuec) >>Kadiri >>Kanagana Palli >>Rayalacheruvu >>Rbo Region 5 Anantapur Ii >>Sri Satya Sai Higher Learning Institute Anantapur

MICR code for SBI Rayalacheruvu

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 Rayalacheruvu 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. 515002056 is the MICR code of SBI Bank for Rayalacheruvu branch. MICR code for Rayalacheruvu 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 Rayalacheruvu is presented in the table alongside.

Use of State Bank Of India MICR code for Rayalacheruvu branch in anantapur

The MICR code 515002056 is used in RBI cheque clearing process to identify the branch Rayalacheruvu 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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