MICR Code Bank
Find MICR code for SBI Shantipuram branches in India for NEFT and RTGS transfer

SBI Shantipuram MICR CODE

Find MICR Codes for SBI Shantipuram

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  1. State Bank Of India »
  2. Uttar Pradesh »
  3. allahabad »
  4. allahabad »
  5. shantipuram (allahabad) branch

Find MICR Codes for SBI Shantipuram

MICR Code: -NA-
Bank: State Bank Of India
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Shantipuram (Allahabad) Branch
Contact: 9415203686
Bank Details: State Bank Of India Shantipuram (Allahabad) Branch SBIN0014577
Location: Allahabad, Allahabad
City: Allahabad
District: Allahabad
State: Uttar Pradesh
Pincode: 211013
Country: IN
Address: 661, shantipuram basant bihar colony, allahabad -  211013

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

MICR code for SBI shantipuram

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

Use of State Bank Of India MICR code for shantipuram branch in allahabad

The MICR code is used in RBI cheque clearing process to identify the branch shantipuram 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.