SBI Betul Betul Madhya Pradesh MICR CODE

Find MICR Codes for SBI Betul Betul Madhya Pradesh

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MICR Code	460002014
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	Shobhapur
Contact	Ip-121066, 07146-250370
Bank Details	State Bank Of India Shobhapur SBIN0008073

Location	Betul, Betul
City	Betul
District	Betul
State	Madhya Pradesh
Pincode	460449
Country	IN
Address	Betul madhya pradesh 460449

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 460002014 for Shobhapur 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 460002014 of State Bank Of India, Shobhapur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Shobhapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of State Bank Of India are available with micr code -

>>Adarsh Dhanora >>Athner >>Betul >>Betulganj Betul >>Cac Betul >>Chirpatla >>Chunahajuri >>Deshawadi >>Fimm Dshvii Betul >>Kataud >>Kothi Bazar Betul >>Multai >>Nanda >>Pathakhera >>Racc Betul Fi And Mm >>Racc Betul R And Db >>Rbo Betul >>Rcpc Betul >>Sadar Betul >>Sarni >>Shahpur >>Shobhapur

MICR code for SBI Shobhapur

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 Shobhapur 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. 460002014 is the MICR code of SBI Bank for Shobhapur branch. MICR code for Shobhapur 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 Shobhapur is presented in the table alongside.

Use of State Bank Of India MICR code for Shobhapur branch in betul

The MICR code 460002014 is used in RBI cheque clearing process to identify the branch Shobhapur 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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