SBI Raichur Raichur Karnataka MICR CODE

Find MICR Codes for SBI Raichur Raichur Karnataka

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MICR Code	-NA-
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	Shakti Nagar
Contact	246159
Bank Details	State Bank Of India Shakti Nagar SBIN0040452

Location	Raichur, Raichur
City	Raichur
District	Raichur
State	Karnataka
Pincode	584170
Country	IN
Address	Shakti nagar, raichur, karnataka, shakthinagar 584 170

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

A total of 43 branches of State Bank Of India are available with micr code -

>>Ashapur Road >>Balganur >>Chikkasugur >>Deodurg >>District Sales Hub Raichur >>Gandhi Nagar Jalihal Camp >>Growth Centre Raichur >>Gunj Circle Raichur >>Gunjahalli >>Hirekotnekal >>Hutti >>Jalahalli >>Jawaharnagar >>Kalmala >>Kowtal >>Lingsugur >>Mantralayam Roadraichur >>Manvi >>Manvi Adb >>Marched >>Maski >>Mini Racpc >>N.E.T Campus Raichur >>Nijlingappa Colonyraichur >>R And Db Retail Asset Credit Centre Raichur >>Raichur >>Raichur >>Raichur Apmc >>Raichur Main >>Ramdurg >>Retail Asset Credit Centreraichur >>Rims Raichur >>Roudalbanda Camp >>Shakti Nagar >>Sindhanoor >>Sindhanoor Adb >>Sindhnoor Rural R H Colony >>Station Road >>Station Road Raichur >>Talekhana >>Teen Khandil Circle Branch >>Treasury Br Raichur >>U A S Campus

MICR code for SBI Shakti Nagar

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 Shakti Nagar 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 Shakti Nagar branch. MICR code for Shakti Nagar 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 Shakti Nagar is presented in the table alongside.

Use of State Bank Of India MICR code for Shakti Nagar branch in raichur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shakti Nagar 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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