SBI Ujjain Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for SBI Ujjain Ujjain Madhya Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarafa Ujjain
Contact 0734-2585680 2585159 0734-2584833 (Fax) Ip - 201501
Bank Details State Bank Of India Sarafa Ujjain SBIN0003217
Location Ujjain, Ujjain
City Ujjain
District Ujjain
State Madhya Pradesh
Pincode 456006
Country IN
Address Baiyaji bai scindia trust bldg jawahar marg,ujjain,m.p. 456006
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 456002006 for Sarafa Ujjain 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 456002006 of State Bank Of India, Sarafa Ujjain branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sarafa Ujjain branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Sarafa Ujjain

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 Sarafa Ujjain 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. 456002006 is the MICR code of SBI Bank for Sarafa Ujjain branch. MICR code for Sarafa Ujjain 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 Sarafa Ujjain is presented in the table alongside.

Use of State Bank Of India MICR code for Sarafa Ujjain branch in ujjain

The MICR code 456002006 is used in RBI cheque clearing process to identify the branch Sarafa Ujjain 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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