SBI Sripur Bazar Godda Jharkhand MICR CODE

Find MICR Codes for SBI Sripur Bazar Godda Jharkhand

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sripur Bazar
Contact Bm-9955379251
Bank Details State Bank Of India Sripur Bazar SBIN0008171
Location Sripur Bazar, Godda
City Sripur Bazar
District Godda
State Jharkhand
Pincode 813206
Country IN
Address Posripur bazar,dtgodda,jharkhand 813206
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 814002712 for Sripur Bazar 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 814002712 of State Bank Of India, Sripur Bazar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sripur Bazar 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 -

>>Sripur Bazar

MICR code for SBI Sripur Bazar

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 Sripur Bazar 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. 814002712 is the MICR code of SBI Bank for Sripur Bazar branch. MICR code for Sripur Bazar 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 Sripur Bazar is presented in the table alongside.

Use of State Bank Of India MICR code for Sripur Bazar branch in sripur bazar

The MICR code 814002712 is used in RBI cheque clearing process to identify the branch Sripur Bazar 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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