SBI Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for SBI Bilaspur Bilaspur Chhattisgarh

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MICR Code	495002051
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	Sipat
Contact	Ip-112486 t:07752-246508, 246509
Bank Details	State Bank Of India Sipat SBIN0004304

Location	Bilaspur, Bilaspur
City	Bilaspur
District	Bilaspur
State	Chhattisgarh
Pincode	495558
Country	IN
Address	Ntpc sipat branch, dt. Bilaspur, chhattisgarh 495 558

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 495002051 for Sipat 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 495002051 of State Bank Of India, Sipat branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sipat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 33 branches of State Bank Of India are available with micr code -

>>Adb Bilaspur >>Agm Sme Ao Bilaspur >>Baitalpur >>Belgahna >>Bilaspur >>Bilaspur Main >>Cac Bilaspur >>City Branch Bilaspur >>Collectorate Billaspur >>Commercial Branch Bilaspur >>Document Archival Centre Bilaspur >>Fimm Dshiv Bilaspur >>Fimm Rbovi Bilaspur >>Highcourt Bilaspur >>Indu Chowk Bilaspur >>Kathakoni >>Lodhipara Koni >>Mungeli >>Pendra Road >>Personal Banking Branch Nehru Nagar Bilaspur >>Racc Bilaspur Fi And Mm >>Railway Colony >>Rajkishore Nagar Bilaspur >>Rasecc Bilaspur >>Rcpc Bilaspur >>Regional Business Office Bilaspur >>Sarkanda Bilaspur >>Scab Bilaspur >>Secl Bilaspur >>Shrikant Verma Marg Branch Bilaspur >>Sipat >>Telephone Exchange Road Bilaspur >>Zonal Office Bilaspur

MICR code for SBI Sipat

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 Sipat 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. 495002051 is the MICR code of SBI Bank for Sipat branch. MICR code for Sipat 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 Sipat is presented in the table alongside.

Use of State Bank Of India MICR code for Sipat branch in bilaspur

The MICR code 495002051 is used in RBI cheque clearing process to identify the branch Sipat 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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