SBI Baroda Baroda Gujarat MICR CODE

Find MICR Codes for SBI Baroda Baroda Gujarat

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MICR Code	400002440
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	Sp. Nri Branch
Contact	0265-2566853, 2560416, 2563903
Bank Details	State Bank Of India Sp. Nri Branch SBIN0013038

Location	Baroda, Baroda
City	Baroda
District	Baroda
State	Gujarat
Pincode	390017
Country	IN
Address	Third floor,baroda main branch building,mandvi,distbaroda390 017

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 400002440 for Sp. Nri Branch 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 400002440 of State Bank Of India, Sp. Nri Branch branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sp. Nri Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of India are available with micr code -

>>Bhaili >>Chakli Circle Race Course Road Baroda >>Darbar Chowkdy >>Government Business Branch >>Nizampura >>Rajesh Tower Road >>Sevasi >>Sp. Nri Branch >>Tp 13 Baroda >>Vadsar Bridge Baroda

MICR code for SBI Sp. Nri Branch

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 Sp. Nri Branch 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. 400002440 is the MICR code of SBI Bank for Sp. Nri Branch branch. MICR code for Sp. Nri Branch 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 Sp. Nri Branch is presented in the table alongside.

Use of State Bank Of India MICR code for Sp. Nri Branch branch in baroda

The MICR code 400002440 is used in RBI cheque clearing process to identify the branch Sp. Nri Branch 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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