SBI Bhatinda Bhatinda Punjab MICR CODE

Find MICR Codes for SBI Bhatinda Bhatinda Punjab

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MICR Code	151002071
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	Sibian
Contact	Ip:407589, 0164-2760341-2760795
Bank Details	State Bank Of India Sibian SBIN0003591

Location	Bhatinda, Bhatinda
City	Bhatinda
District	Bhatinda
State	Punjab
Pincode	151003
Country	IN
Address	Dist bhatinda, punjab 151003

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 151002071 for Sibian 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 151002071 of State Bank Of India, Sibian branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sibian branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of State Bank Of India are available with micr code -

>>Adb Bhatinda >>Bhatinda >>Bhatinda Cantt. >>Bhatinda Main >>Cac Bhatinda >>Goniana Road Bhatinda >>Racpc Bhatinda >>Sibian >>Talwandi Sabo

MICR code for SBI Sibian

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 Sibian 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. 151002071 is the MICR code of SBI Bank for Sibian branch. MICR code for Sibian 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 Sibian is presented in the table alongside.

Use of State Bank Of India MICR code for Sibian branch in bhatinda

The MICR code 151002071 is used in RBI cheque clearing process to identify the branch Sibian 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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