SBI Noida Gautambudh Nagar Uttar Pradesh MICR CODE

Find MICR Codes for SBI Noida Gautambudh Nagar Uttar Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector 31 Noida
Contact
Bank Details State Bank Of India Sector 31 Noida SBIN0015971
Location Noida, Gautambudh Nagar
City Noida
District Gautambudh Nagar
State Uttar Pradesh
Pincode 201303
Country IN
Address B-41, b block market, commercial complex, sector-31, noida, dist: gautambudh nagar, uttar pradesh:201303
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 0 for Sector 31 Noida 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 0 of State Bank Of India, Sector 31 Noida branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sector 31 Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of State Bank Of India are available with micr code -

>>Bhangel Noida >>Sector 30 Noida >>Sector 31 Noida >>Sector 51 Noida >>Smecc Noida

MICR code for SBI Sector 31 Noida

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 31 Noida 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. 0 is the MICR code of SBI Bank for Sector 31 Noida branch. MICR code for Sector 31 Noida 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 31 Noida is presented in the table alongside.

Use of State Bank Of India MICR code for Sector 31 Noida branch in noida

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sector 31 Noida 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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