SBI Srinagar Krishna Andhra Pradesh MICR CODE

Find MICR Codes for SBI Srinagar Krishna Andhra Pradesh

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MICR Code	520002027
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	Srinagar
Contact	Bm:9849913794
Bank Details	State Bank Of India Srinagar SBIN0011097

Location	Srinagar, Krishna
City	Srinagar
District	Krishna
State	Andhra Pradesh
Pincode	520011
Country	IN
Address	Door no 23 35 40 by 1,lakshmi nagar,satyanarayanapuram, vijayawada, ap 520011

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 520002027 for Srinagar 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 520002027 of State Bank Of India, Srinagar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Srinagar 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 -

>>Srinagar

MICR code for SBI Srinagar

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 Srinagar 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. 520002027 is the MICR code of SBI Bank for Srinagar branch. MICR code for Srinagar 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 Srinagar is presented in the table alongside.

Use of State Bank Of India MICR code for Srinagar branch in srinagar

The MICR code 520002027 is used in RBI cheque clearing process to identify the branch Srinagar 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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