SBI Pakur Pakur Jharkhand MICR CODE

Find MICR Codes for SBI Pakur Pakur Jharkhand

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MICR Code	816002505
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	Singarsi
Contact	06423-242223
Bank Details	State Bank Of India Singarsi SBIN0007076

Location	Pakur, Pakur
City	Pakur
District	Pakur
State	Jharkhand
Pincode
Country	IN
Address	Dist pakur, jharkhand

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 816002505 for Singarsi 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 816002505 of State Bank Of India, Singarsi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Singarsi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of State Bank Of India are available with micr code -

>>Cac Pkur >>Chanchki >>Dsh Pakur >>Littipara >>Pakur >>Pakur Bazar >>Racc Pakur Fi And Mm >>Rbo Pakur >>Rbo Pakur >>Sindhipara >>Singarsi

MICR code for SBI Singarsi

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 Singarsi 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. 816002505 is the MICR code of SBI Bank for Singarsi branch. MICR code for Singarsi 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 Singarsi is presented in the table alongside.

Use of State Bank Of India MICR code for Singarsi branch in pakur

The MICR code 816002505 is used in RBI cheque clearing process to identify the branch Singarsi 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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