SBI Sabalpur Patna Bihar MICR CODE

Find MICR Codes for SBI Sabalpur Patna Bihar

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sabalpur
Contact 9905240529
Bank Details State Bank Of India Sabalpur SBIN0016975
Location Sabalpur, Patna
City Sabalpur
District Patna
State Bihar
Pincode 800009
Country IN
Address In the house of sri baij nath singh, at and post sabalpur, ps-didarganj, distt.patna. Bihar-800009
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 Sabalpur 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, Sabalpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sabalpur 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 -

>>Sabalpur

MICR code for SBI Sabalpur

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 Sabalpur 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 Sabalpur branch. MICR code for Sabalpur 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 Sabalpur is presented in the table alongside.

Use of State Bank Of India MICR code for Sabalpur branch in sabalpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sabalpur 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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