MICR Code Bank
Find MICR code for SBI Retail Assets Small And Medium Enterprises City Credit Cell branches in India for NEFT and RTGS transfer

SBI Retail Assets Small And Medium Enterprises City Credit Cell MICR CODE

Find MICR Codes for SBI Retail Assets Small And Medium Enterprises City Credit Cell

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  1. State Bank Of India »
  2. Rajasthan »
  3. jodhpur »
  4. ajmer »
  5. retail assets small and medium enterprises city credit cell (rasmeccc) ajmer

Find MICR Codes for SBI Retail Assets Small And Medium Enterprises City Credit Cell

MICR Code: 305002097
Bank: State Bank Of India
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Retail Assets Small And Medium Enterprises City Credit Cell (Rasmeccc) Ajmer
Contact: Bm's Mobile 9928842660
Bank Details: State Bank Of India Retail Assets Small And Medium Enterprises City Credit Cell (Rasmeccc) Ajmer SBIN0010304
Location: Ajmer, Jodhpur
City: Ajmer
District: Jodhpur
State: Rajasthan
Pincode: 342008
Country: IN
Address: Ajmer

How does MICR code for retail assets small and medium enterprises city credit cell 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 of State Bank Of India, retail assets small and medium enterprises city credit cell branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for retail assets small and medium enterprises city credit cell branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code

>>Retail Assets Small And Medium Enterprises City Credit Cell (Rasmeccc) Ajmer

MICR code for SBI retail assets small and medium enterprises city credit cell

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 small and medium enterprises city credit cell 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. is the MICR code of SBI Bank for retail assets small and medium enterprises city credit cell branch. MICR code for retail assets small and medium enterprises city credit cell 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 small and medium enterprises city credit cell is presented in the table alongside.

Use of State Bank Of India MICR code for retail assets small and medium enterprises city credit cell branch in ajmer

The MICR code is used in RBI cheque clearing process to identify the branch retail assets small and medium enterprises city credit cell 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.