SBI Chandigarh Wardha Maharashtra MICR CODE

Find MICR Codes for SBI Chandigarh Wardha Maharashtra

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MICR Code	160002021
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	Sector 34 Chandigarh
Contact	Ph 0172-2602006 Fax 0172-2667135 Ip 400486
Bank Details	State Bank Of India Sector 34 Chandigarh SBIN0008701

Location	Chandigarh, Wardha
City	Chandigarh
District	Wardha
State	Maharashtra
Pincode	160022
Country	IN
Address	Sco 156-159, sector 34achandigarh,chandigarh , pin - 160022

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 160002021 for Sector 34 Chandigarh 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 160002021 of State Bank Of India, Sector 34 Chandigarh branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sector 34 Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Sector 34 Chandigarh

MICR code for SBI Sector 34 Chandigarh

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 34 Chandigarh 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. 160002021 is the MICR code of SBI Bank for Sector 34 Chandigarh branch. MICR code for Sector 34 Chandigarh 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 34 Chandigarh is presented in the table alongside.

Use of State Bank Of India MICR code for Sector 34 Chandigarh branch in chandigarh

The MICR code 160002021 is used in RBI cheque clearing process to identify the branch Sector 34 Chandigarh 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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