SBI Akola Akola Gujarat MICR CODE

Find MICR Codes for SBI Akola Akola Gujarat

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State
District
City
Branch
Address

MICR Code	-NA-
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	Rbo Fi And Mm Akola
Contact	07875559910
Bank Details	State Bank Of India Rbo Fi And Mm Akola SBIN0062866

Location	Akola, Akola
City	Akola
District	Akola
State	Gujarat
Pincode
Country	IN
Address	Sbi main branch tower chowk akola

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

A total of 5 branches of State Bank Of India are available with micr code -

>>Dsh Akola >>Fimm Racc Akola >>R And Db Racc Akola >>Rbo Fi And Mm Akola >>Sme Branch Khamgaon

MICR code for SBI Rbo Fi And Mm Akola

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 Rbo Fi And Mm Akola 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 Rbo Fi And Mm Akola branch. MICR code for Rbo Fi And Mm Akola 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 Rbo Fi And Mm Akola is presented in the table alongside.

Use of State Bank Of India MICR code for Rbo Fi And Mm Akola branch in akola

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rbo Fi And Mm Akola 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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