SBI Kutch Kutch Gujarat MICR CODE

Find MICR Codes for SBI Kutch Kutch 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 Swaminarayan Temple Chowk Madhapar
Contact 02832-240370 Fax-240370 Ip No-6159641
Bank Details State Bank Of India Swaminarayan Temple Chowk Madhapar SBIN0060364
Location Kutch, Kutch
City Kutch
District Kutch
State Gujarat
Pincode 370020
Country IN
Address Swaminarayan mandir complex navavas madhaparkutch 370020 taluka bhuj kutch
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 370002057 for Swaminarayan Temple Chowk Madhapar 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 370002057 of State Bank Of India, Swaminarayan Temple Chowk Madhapar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Swaminarayan Temple Chowk Madhapar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Swaminarayan Temple Chowk Madhapar

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 Swaminarayan Temple Chowk Madhapar 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. 370002057 is the MICR code of SBI Bank for Swaminarayan Temple Chowk Madhapar branch. MICR code for Swaminarayan Temple Chowk Madhapar 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 Swaminarayan Temple Chowk Madhapar is presented in the table alongside.

Use of State Bank Of India MICR code for Swaminarayan Temple Chowk Madhapar branch in kutch

The MICR code 370002057 is used in RBI cheque clearing process to identify the branch Swaminarayan Temple Chowk Madhapar 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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