SBI Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for SBI Faridabad Faridabad Haryana

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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 Faridabad
Contact 43176575
Bank Details State Bank Of India Sector Faridabad SBIN0051172
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode
Country IN
Address Scf 42huda marketpart ii sector 19 faridabad haryana
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Faridabad
Contact 0
Bank Details State Bank Of India Sector Faridabad SBIN0051171
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121004
Country IN
Address Sco 50 huda market sector 3 faridabad 121004 distt faridabad haryana
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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 Faridabad 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 Faridabad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sector Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Sector Faridabad

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 Faridabad 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 Faridabad branch. MICR code for Sector Faridabad 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 Faridabad is presented in the table alongside.

Use of State Bank Of India MICR code for Sector Faridabad branch in faridabad

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