SBI Samastipur Samastipur Bihar MICR CODE

Find MICR Codes for SBI Samastipur Samastipur Bihar

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MICR Code	-NA-
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	Sarae Ranjan
Contact	9771417357
Bank Details	State Bank Of India Sarae Ranjan SBIN0018433

Location	Samastipur, Samastipur
City	Samastipur
District	Samastipur
State	Bihar
Pincode	848504
Country	IN
Address	Near sarae ranjan police station block office, sarae ranjan, dist.samastipur, bihar-848504

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

A total of 15 branches of State Bank Of India are available with micr code -

>>Adb Hasanpur Road >>Cac Samastipur >>Chaita >>Jitwarpur Chouth >>Mohanpur >>Mohanpur Road Samastipur >>Mohiuddin Nagar >>Racc Samastipur >>Rosera >>Samastipur >>Samastipur Bazar >>Samastipur Kshetriya Gramin Bank >>Sarae Ranjan >>Shivajinagar >>Sme Samastipur

MICR code for SBI Sarae Ranjan

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 Sarae Ranjan 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 Sarae Ranjan branch. MICR code for Sarae Ranjan 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 Sarae Ranjan is presented in the table alongside.

Use of State Bank Of India MICR code for Sarae Ranjan branch in samastipur

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