SBI Sibpur Howrah West Bengal MICR CODE

Find MICR Codes for SBI Sibpur Howrah West Bengal

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sibpur
Contact 033- 26427500 Ip- 500431
Bank Details State Bank Of India Sibpur SBIN0002124
Location Sibpur, Howrah
City Sibpur
District Howrah
State West Bengal
Pincode 711102
Country IN
Address 218,gt road sibpur,howrah disthowrah,west bengal 711102
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 700002142 for Sibpur 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 700002142 of State Bank Of India, Sibpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sibpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Sibpur

MICR code for SBI Sibpur

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 Sibpur 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. 700002142 is the MICR code of SBI Bank for Sibpur branch. MICR code for Sibpur 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 Sibpur is presented in the table alongside.

Use of State Bank Of India MICR code for Sibpur branch in sibpur

The MICR code 700002142 is used in RBI cheque clearing process to identify the branch Sibpur 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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