SBI Daman Daman Daman And Diu MICR CODE

Find MICR Codes for SBI Daman Daman Daman And Diu

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Somnath Ie
Contact 0260-2242513 0260-2241931 0260-2240059 0260-2240181 (Fax) Ip-155491
Bank Details State Bank Of India Somnath Ie SBIN0006229
Location Daman, Daman
City Daman
District Daman
State Daman And Diu
Pincode 396210
Country IN
Address Dabhel daman, 396210 ,pin - 396210
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 396002004 for Somnath Ie 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 396002004 of State Bank Of India, Somnath Ie branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Somnath Ie branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of State Bank Of India are available with micr code -

>>Daman >>Ghoghala >>Moti Daman >>Racc R And Db Daman >>Sea Face Road Daman >>Somnath Ie

MICR code for SBI Somnath Ie

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 Somnath Ie 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. 396002004 is the MICR code of SBI Bank for Somnath Ie branch. MICR code for Somnath Ie 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 Somnath Ie is presented in the table alongside.

Use of State Bank Of India MICR code for Somnath Ie branch in daman

The MICR code 396002004 is used in RBI cheque clearing process to identify the branch Somnath Ie 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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