SBI Panch Mahals Panchmahals Gujarat MICR CODE

Find MICR Codes for SBI Panch Mahals Panchmahals Gujarat

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch St Stand Road Godhara
Contact 02672-241454 Fax-241454 Ip No-6153456
Bank Details State Bank Of India St Stand Road Godhara SBIN0060204
Location Panch Mahals, Panchmahals
City Panch Mahals
District Panchmahals
State Gujarat
Pincode 389001
Country IN
Address Santharia bazar,patel wada mahatma gandhi road near bethak mandir,godhara 389001
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 389002100 for St Stand Road Godhara 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 389002100 of State Bank Of India, St Stand Road Godhara branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for St Stand Road Godhara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of India are available with micr code -

>>Chanchelavgadh >>St Stand Road Godhara >>Vegetable Market Lunawada

MICR code for SBI St Stand Road Godhara

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 St Stand Road Godhara 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. 389002100 is the MICR code of SBI Bank for St Stand Road Godhara branch. MICR code for St Stand Road Godhara 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 St Stand Road Godhara is presented in the table alongside.

Use of State Bank Of India MICR code for St Stand Road Godhara branch in panch mahals

The MICR code 389002100 is used in RBI cheque clearing process to identify the branch St Stand Road Godhara 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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