SBI Korukonda Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for SBI Korukonda Vizianagaram Andhra Pradesh

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MICR Code	53500220
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	Sainik School Korukonda
Contact	08922-246126, 246286 Fax: 246126
Bank Details	State Bank Of India Sainik School Korukonda SBIN0002791

Location	Korukonda, Vizianagaram
City	Korukonda
District	Vizianagaram
State	Andhra Pradesh
Pincode	531214
Country	IN
Address	Dist vizianagaram, a p 531214

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 53500220 for Sainik School Korukonda 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 53500220 of State Bank Of India, Sainik School Korukonda branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sainik School Korukonda 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 -

>>Sainik School Korukonda

MICR code for SBI Sainik School Korukonda

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 Sainik School Korukonda 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. 53500220 is the MICR code of SBI Bank for Sainik School Korukonda branch. MICR code for Sainik School Korukonda 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 Sainik School Korukonda is presented in the table alongside.

Use of State Bank Of India MICR code for Sainik School Korukonda branch in korukonda

The MICR code 53500220 is used in RBI cheque clearing process to identify the branch Sainik School Korukonda 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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