SBI New Delhi New Delhi New Delhi MICR CODE

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sangam Vihar
Contact 011-26045045, 26045046
Bank Details State Bank Of India Sangam Vihar SBIN0011554
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110062
Country IN
Address Sangam.vihar, d4.by.83.ratia.marg, ground.floor, new.delhi, distnew.delhi110062
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 110002487 for Sangam Vihar 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 110002487 of State Bank Of India, Sangam Vihar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sangam Vihar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Sangam Vihar

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 Sangam Vihar 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. 110002487 is the MICR code of SBI Bank for Sangam Vihar branch. MICR code for Sangam Vihar 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 Sangam Vihar is presented in the table alongside.

Use of State Bank Of India MICR code for Sangam Vihar branch in new delhi

The MICR code 110002487 is used in RBI cheque clearing process to identify the branch Sangam Vihar 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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