SBI Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for SBI Bangalore Bangalore Urban Karnataka

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MICR Code	560002094
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	Sahakari Nagar
Contact	080-25943344/45,Ip- 992871
Bank Details	State Bank Of India Sahakari Nagar SBIN0005191

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560092
Country	IN
Address	Dist bangalore urban karnataka

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 560002094 for Sahakari Nagar 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 560002094 of State Bank Of India, Sahakari Nagar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sahakari Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 186 branches of State Bank Of India are available with micr code -

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MICR code for SBI Sahakari Nagar

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 Sahakari Nagar 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. 560002094 is the MICR code of SBI Bank for Sahakari Nagar branch. MICR code for Sahakari Nagar 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 Sahakari Nagar is presented in the table alongside.

Use of State Bank Of India MICR code for Sahakari Nagar branch in bangalore

The MICR code 560002094 is used in RBI cheque clearing process to identify the branch Sahakari Nagar 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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