SBI Ernakulam Ernakulam Kerala MICR CODE

Find MICR Codes for SBI Ernakulam Ernakulam Kerala

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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 Credit Center Rbo I Ernakulam
Contact 484-9188402283
Bank Details State Bank Of India Retail Assets Credit Center Rbo I Ernakulam SBIN0064651
Location Ernakulam, Ernakulam
City Ernakulam
District Ernakulam
State Kerala
Pincode 682031
Country IN
Address Regional business office-1 ernakulam,sbi administrative office, 6th floor, shanmugham road,ernakulam-682031
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 Retail Assets Credit Center Rbo I Ernakulam 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, Retail Assets Credit Center Rbo I Ernakulam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Retail Assets Credit Center Rbo I Ernakulam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Retail Assets Credit Center Rbo I Ernakulam

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 Credit Center Rbo I Ernakulam 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 Retail Assets Credit Center Rbo I Ernakulam branch. MICR code for Retail Assets Credit Center Rbo I Ernakulam 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 Credit Center Rbo I Ernakulam is presented in the table alongside.

Use of State Bank Of India MICR code for Retail Assets Credit Center Rbo I Ernakulam branch in ernakulam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Retail Assets Credit Center Rbo I Ernakulam 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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