SBI Bhilai Durg Chhattisgarh MICR CODE

Find MICR Codes for SBI Bhilai Durg Chhattisgarh

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MICR Code	490002020
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	Risali Bhilai
Contact	Bm-9406062826
Bank Details	State Bank Of India Risali Bhilai SBIN0012328

Location	Bhilai, Durg
City	Bhilai
District	Durg
State	Chhattisgarh
Pincode	490006
Country	IN
Address	Risali bhilai,krishna talkies road,in front of chruch risali bhilai distt durg

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 490002020 for Risali Bhilai 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 490002020 of State Bank Of India, Risali Bhilai branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Risali Bhilai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of State Bank Of India are available with micr code -

>>Acc Jamul >>Bhilai 3 >>Bhilai Charoda >>Bhilai Market Area Bhilai >>Bhilai Sector 1 >>Bhilai Steel Plant >>Camp Area Bhilai >>Com Br Bhilai >>Hospital Area Bhilai >>I I Bhilai >>Indira Place Bhilai >>Khursipar Bhilai >>Maroda Utai Bhilai >>Nehru Nagar Chowk Bhilai >>Rbo Bhilai >>Risali Bhilai >>Sector 10 Bhilai >>Sme Bhilai >>Sme City Credit Centre Bhilai >>Stressed Assets Recovery Branch Bhilai >>Supela Bhilai >>Vaishali Nagar Bhilai

MICR code for SBI Risali Bhilai

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 Risali Bhilai 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. 490002020 is the MICR code of SBI Bank for Risali Bhilai branch. MICR code for Risali Bhilai 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 Risali Bhilai is presented in the table alongside.

Use of State Bank Of India MICR code for Risali Bhilai branch in bhilai

The MICR code 490002020 is used in RBI cheque clearing process to identify the branch Risali Bhilai 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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