SBI Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for SBI Visakhapatnam Vishakhapatnam Andhra Pradesh

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MICR Code	530009002
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	Seetammadhara
Contact	2728334
Bank Details	State Bank Of India Seetammadhara SBIN0071152

Location	Visakhapatnam, Vishakhapatnam
City	Visakhapatnam
District	Vishakhapatnam
State	Andhra Pradesh
Pincode
Country	IN
Address	Plot15, migiiseeth ammadhara, opp bsnl, visakapatnam

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 530009002 for Seetammadhara 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 530009002 of State Bank Of India, Seetammadhara branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Seetammadhara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of State Bank Of India are available with micr code -

>>Balayyasastry Layout Visakhapatnam >>Chinamushidiwada Visakhapatnam >>Kakaninagar >>Kapparada Visakhapatnam >>Kommadi Visakhapatnam >>Munchingputtu >>Racpc Two Visakhapatnam >>Ravikamatham >>Sbiintouch R K Beach Road Visakhapatnam >>Seetammadhara >>Seethammadhara North Extention >>Srinagar Gajuwaka

MICR code for SBI Seetammadhara

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 Seetammadhara 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. 530009002 is the MICR code of SBI Bank for Seetammadhara branch. MICR code for Seetammadhara 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 Seetammadhara is presented in the table alongside.

Use of State Bank Of India MICR code for Seetammadhara branch in visakhapatnam

The MICR code 530009002 is used in RBI cheque clearing process to identify the branch Seetammadhara 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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