|
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 of State Bank Of India, sector 20 panchkula branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for sector 20 panchkula branch, makes the characters readable even if there are other marks and stamps on it.
>>Agm Sme Ao Panchkula >>Currency Administration Cell Panchkula >>Hseb Panchkula >>Industrial Estate Panchkula >>Mahesh Nagar Ambala Cantt >>Marranwala >>Mini Secretariat Panchkula >>Panchkula >>Panchkula >>Panchkula >>Panchkula Mdc Sec >>Panchkula Sec >>Panchkula Sec >>Panchkula Sec. >>Panchkula Sect >>Paploha >>Personal Banking Branch Panchkula >>Raipur Rani >>Ramgarh >>Rasmeccc >>Rbo Panchkula >>Rbotwo Panchkula >>Saketri >>Sbiintouch Sector Twenty Panchkula >>Sector 19 Panchkula >>Sector 20 Panchkula (New Branch) >>Sector 25 Panchkula >>Sector 5 Mdc Panchkula >>Sector Fourteen Panchkula >>Sector Panchkula >>Smec Panchkula >>Surajpur
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 sector 20 panchkula 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. is the MICR code of SBI Bank for sector 20 panchkula branch. MICR code for sector 20 panchkula 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 sector 20 panchkula is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch sector 20 panchkula 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.