SBI Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for SBI Faridabad Faridabad Haryana

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MICR Code	110002198
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	Sarai Khawaja
Contact	Ip:302431 0129-2255912
Bank Details	State Bank Of India Sarai Khawaja SBIN0003245

Location	Faridabad, Faridabad
City	Faridabad
District	Faridabad
State	Haryana
Pincode	121003
Country	IN
Address	12 by 6 mathura road, adj sassron plaza, distt. Faridabad, haryana 121003

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 110002198 for Sarai Khawaja 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 110002198 of State Bank Of India, Sarai Khawaja branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sarai Khawaja branch, makes the characters readable even if there are other marks and stamps on it.

A total of 40 branches of State Bank Of India are available with micr code -

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MICR code for SBI Sarai Khawaja

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 Sarai Khawaja 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. 110002198 is the MICR code of SBI Bank for Sarai Khawaja branch. MICR code for Sarai Khawaja 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 Sarai Khawaja is presented in the table alongside.

Use of State Bank Of India MICR code for Sarai Khawaja branch in faridabad

The MICR code 110002198 is used in RBI cheque clearing process to identify the branch Sarai Khawaja 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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