SBI Durg Durg Chhattisgarh MICR CODE

Find MICR Codes for SBI Durg Durg Chhattisgarh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Station Road Durg
Contact 0788-2333771, 2322088 Ip_-202456
Bank Details State Bank Of India Station Road Durg SBIN0009075
Location Durg, Durg
City Durg
District Durg
State Chhattisgarh
Pincode 491001
Country IN
Address Near gurudwaradurgdurg pin - 491001
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 491002003 for Station Road Durg 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 491002003 of State Bank Of India, Station Road Durg branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Station Road Durg branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Station Road Durg

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 Station Road Durg 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. 491002003 is the MICR code of SBI Bank for Station Road Durg branch. MICR code for Station Road Durg 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 Station Road Durg is presented in the table alongside.

Use of State Bank Of India MICR code for Station Road Durg branch in durg

The MICR code 491002003 is used in RBI cheque clearing process to identify the branch Station Road Durg 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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