SBI Mandya Mandya Karnataka MICR CODE

Find MICR Codes for SBI Mandya Mandya 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	Shankarnagar
Contact	221213
Bank Details	State Bank Of India Shankarnagar SBIN0041213

Location	Mandya, Mandya
City	Mandya
District	Mandya
State	Karnataka
Pincode	571401
Country	IN
Address	1st floor mc complex bannur road chamundeshwari nagar mandya

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

A total of 14 branches of State Bank Of India are available with micr code -

>>Adb Mandya >>Chikka Mandya >>District Sales Hubmandya >>Guthalu >>Kadaballi >>Keragodu >>Mandya >>Mandya >>Mims Mandya >>R And Db Retail Asset Credit Centre Mandya >>Region Iv Mz >>Retail Asset Credit Centremandya >>Shankarnagar >>V C Farm

MICR code for SBI Shankarnagar

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 Shankarnagar 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 Shankarnagar branch. MICR code for Shankarnagar 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 Shankarnagar is presented in the table alongside.

Use of State Bank Of India MICR code for Shankarnagar branch in mandya

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