SBI Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for SBI Nasik Nasik Maharashtra

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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	Reddigudem
Contact	253-2329502/2329503
Bank Details	State Bank Of India Reddigudem SBIN0014446

Location	Nasik, Nasik
City	Nasik
District	Nasik
State	Maharashtra
Pincode	521125
Country	IN
Address	Near panchayat office, main road, reddigudem, krishna district, andhra pradesh - 521125

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

A total of 24 branches of State Bank Of India are available with micr code -

>>Indira Naga Nasik >>Jai Bhavani Road Nasik >>Jail Road Nasik >>Kamathwade Nasik >>Kathe Lane Nasik >>Lasalgaon >>Makhmalabad >>Malegaon >>Mid Corporate Branch Nashik >>Mumbai Naka Nasik >>Nampur Dist. Nasik >>Niphad >>Ojhar Gaon >>Pathardi Phata Nasik >>Rbo 8 Nasik >>Rcpc Nasik >>Reddigudem >>Regional Office Region Vi Nasik >>Sinnar >>Sme Nasik >>Sme Nasik >>Stressed Assets Resolution Centre Nasik >>Vinchur Dist. Nasik >>Yeola

MICR code for SBI Reddigudem

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 Reddigudem 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 Reddigudem branch. MICR code for Reddigudem 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 Reddigudem is presented in the table alongside.

Use of State Bank Of India MICR code for Reddigudem branch in nasik

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