SBI Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for SBI Gurgaon Gurgaon Haryana

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MICR Code	110002408
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	Shfb Gurgaon
Contact	0124-5067020 Fax - 5067614
Bank Details	State Bank Of India Shfb Gurgaon SBIN0004402

Location	Gurgaon, Gurgaon
City	Gurgaon
District	Gurgaon
State	Haryana
Pincode	160001
Country	IN
Address	First india place vatikam g road ,gurgaon ,pin - 160001

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 110002408 for Shfb Gurgaon 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 110002408 of State Bank Of India, Shfb Gurgaon branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Shfb Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 60 branches of State Bank Of India are available with micr code -

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MICR code for SBI Shfb Gurgaon

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 Shfb Gurgaon 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. 110002408 is the MICR code of SBI Bank for Shfb Gurgaon branch. MICR code for Shfb Gurgaon 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 Shfb Gurgaon is presented in the table alongside.

Use of State Bank Of India MICR code for Shfb Gurgaon branch in gurgaon

The MICR code 110002408 is used in RBI cheque clearing process to identify the branch Shfb Gurgaon 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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