SBI Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for SBI Nashik Nashik Maharashtra

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MICR Code	422002003
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	Satpur Ind Estate
Contact	103566, 0253-2354937, 2350780
Bank Details	State Bank Of India Satpur Ind Estate SBIN0003872

Location	Nashik, Nashik
City	Nashik
District	Nashik
State	Maharashtra
Pincode	422007
Country	IN
Address	P 24 midc area satpur distt nasik maharashtra 422007

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 422002003 for Satpur Ind Estate 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 422002003 of State Bank Of India, Satpur Ind Estate branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Satpur Ind Estate branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of State Bank Of India are available with micr code -

>>Andersule >>Cac Dhule >>Cac Malegaon >>Cac Nandurbar >>Cac Nashik >>Fimm Dsh Nashik >>Fimm Racc Nashik >>Fimmrbo Nashik >>Govindnagar Nashik >>Korit Road Nandurbar >>Kumar Nagar Dhule >>Makhmalabad Nashik >>Mini Racpc Nashik Rural >>Nashik Road >>Nasik >>Ojhar >>Racpc Adgaon Nashik >>Rbo Sme Ao Nashik >>Retail Asset Andsmall Enterprise Credit Cell Nashik >>Sahyadri Complex Mohadi >>Satpur Ind Estate >>Sharanpur Road Branch Nashik >>Shinde Palse >>Surgana >>Trimbak Road Satpur >>Trimbakeshwar

MICR code for SBI Satpur Ind Estate

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 Satpur Ind Estate 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. 422002003 is the MICR code of SBI Bank for Satpur Ind Estate branch. MICR code for Satpur Ind Estate 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 Satpur Ind Estate is presented in the table alongside.

Use of State Bank Of India MICR code for Satpur Ind Estate branch in nashik

The MICR code 422002003 is used in RBI cheque clearing process to identify the branch Satpur Ind Estate 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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