SBI Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for SBI Belgaum Belgaum Karnataka

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum
Contact Ip:855545
Bank Details State Bank Of India Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum SBIN0005214
Location Belgaum, Belgaum
City Belgaum
District Belgaum
State Karnataka
Pincode 590001
Country IN
Address 55-b, khanapur road, hindwadi, dist belgaum state karnataka pin 590001
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 590002101 for Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum 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 590002101 of State Bank Of India, Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum

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 Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum 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. 590002101 is the MICR code of SBI Bank for Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum branch. MICR code for Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum 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 Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum is presented in the table alongside.

Use of State Bank Of India MICR code for Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum branch in belgaum

The MICR code 590002101 is used in RBI cheque clearing process to identify the branch Retail Assets And Small And Medium Enterprises City Credit Centre Belgaum 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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