SBI New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for SBI New Delhi New Delhi New Delhi

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch School Of Open Learning Delhi University
Contact Tel: 011- 27666867
Bank Details State Bank Of India School Of Open Learning Delhi University SBIN0010436
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110007
Country IN
Address North campus, new delhi 110007
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 110002434 for School Of Open Learning Delhi University 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 110002434 of State Bank Of India, School Of Open Learning Delhi University branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for School Of Open Learning Delhi University branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI School Of Open Learning Delhi University

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 School Of Open Learning Delhi University 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. 110002434 is the MICR code of SBI Bank for School Of Open Learning Delhi University branch. MICR code for School Of Open Learning Delhi University 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 School Of Open Learning Delhi University is presented in the table alongside.

Use of State Bank Of India MICR code for School Of Open Learning Delhi University branch in new delhi

The MICR code 110002434 is used in RBI cheque clearing process to identify the branch School Of Open Learning Delhi University 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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