SBI Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for SBI Mumbai Thane Maharashtra

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MICR Code	400999999
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	Rtgs Dau
Contact	Ip - 101119
Bank Details	State Bank Of India Rtgs Dau SBIN0004430

Location	Mumbai, Thane
City	Mumbai
District	Thane
State	Maharashtra
Pincode	400021
Country	IN
Address	Thane maharashtra pin 400021

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 400999999 for Rtgs Dau 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 400999999 of State Bank Of India, Rtgs Dau branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rtgs Dau branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of State Bank Of India are available with micr code -

>>Agency Clearing Department >>Atm Switch >>Dedicated Accounting Unit (Dau) Rural Banking >>Digicomm Dau >>It Foreign Offices Navi Mumbai >>Juinagar >>Kalyan >>Mumbra (Thane) >>Nerul >>Nerul (East) >>Pbb Vasant Vihar Mumbai >>Rbo Iv Mumbai >>Ret. Asset And Small Ent. C.C. (Thane) >>Rtgs Dau >>Samata Nagar Thane >>Sector 19 Branch Vashi Navi Mumbai. >>Sector 20 Koparkhairane Branch >>Staff Training Centre Bandra Bombay >>Thane (East) >>Vasai Road (W) Branch District Thane. >>Virtual Branch For Yono

MICR code for SBI Rtgs Dau

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 Rtgs Dau 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. 400999999 is the MICR code of SBI Bank for Rtgs Dau branch. MICR code for Rtgs Dau 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 Rtgs Dau is presented in the table alongside.

Use of State Bank Of India MICR code for Rtgs Dau branch in mumbai

The MICR code 400999999 is used in RBI cheque clearing process to identify the branch Rtgs Dau 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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