SBI Sathyamangalam Erode Tamil Nadu MICR CODE

Find MICR Codes for SBI Sathyamangalam Erode Tamil Nadu

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sathyamangalam
Contact Ip:805549, 04295- 220212
Bank Details State Bank Of India Sathyamangalam SBIN0001498
Location Sathyamangalam, Erode
City Sathyamangalam
District Erode
State Tamil Nadu
Pincode 638402
Country IN
Address Near bus stand, dist erode, tamil nadu 638402
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sathyamangalam
Contact 2240014
Bank Details State Bank Of India Sathyamangalam SBIN0071197
Location Sathyamangalam, Erode
City Sathyamangalam
District Erode
State Tamil Nadu
Pincode 638402
Country IN
Address Mettupalayam road, near srt corner sathyamangalam tamilnadu, 638402
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 638002051 for Sathyamangalam 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 638002051 of State Bank Of India, Sathyamangalam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sathyamangalam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of India are available with micr code -

>>Sathyamangalam >>Sathyamangalam >>Sathyamangalam Adb

MICR code for SBI Sathyamangalam

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 Sathyamangalam 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. 638002051 is the MICR code of SBI Bank for Sathyamangalam branch. MICR code for Sathyamangalam 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 Sathyamangalam is presented in the table alongside.

Use of State Bank Of India MICR code for Sathyamangalam branch in sathyamangalam

The MICR code 638002051 is used in RBI cheque clearing process to identify the branch Sathyamangalam 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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