SBI Silvasa Silvasa Gujarat MICR CODE

Find MICR Codes for SBI Silvasa Silvasa Gujarat

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Silvassa Char Rasta
Contact
Bank Details State Bank Of India Silvassa Char Rasta SBIN0061509
Location Silvasa, Silvasa
City Silvasa
District Silvasa
State Gujarat
Pincode 396215
Country IN
Address Silvasa vapi main road,sai chambers,shop no.11,12,13,27,28,and 29 opp.hotel saubhagya inn,silvasa ut of d n h pin 396215
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 0 for Silvassa Char Rasta 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 0 of State Bank Of India, Silvassa Char Rasta branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Silvassa Char Rasta 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 -

>>Silvassa Char Rasta

MICR code for SBI Silvassa Char Rasta

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 Silvassa Char Rasta 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. 0 is the MICR code of SBI Bank for Silvassa Char Rasta branch. MICR code for Silvassa Char Rasta 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 Silvassa Char Rasta is presented in the table alongside.

Use of State Bank Of India MICR code for Silvassa Char Rasta branch in silvasa

The MICR code 0 is used in RBI cheque clearing process to identify the branch Silvassa Char Rasta 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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