SBI Banswara Banswara Rajasthan MICR CODE

Find MICR Codes for SBI Banswara Banswara Rajasthan

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thikariya I A Banswara
Contact 9413397917
Bank Details State Bank Of India Thikariya I A Banswara SBIN0032238
Location Banswara, Banswara
City Banswara
District Banswara
State Rajasthan
Pincode 327001
Country IN
Address Thikariya ia,banswara silver plaza complex,near virangana talkies,dahod road,banswara 327001
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 0 for Thikariya I A Banswara 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 0 of State Bank Of India, Thikariya I A Banswara branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Thikariya I A Banswara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Thikariya I A Banswara

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 Thikariya I A Banswara 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. 0 is the MICR code of SBI Bank for Thikariya I A Banswara branch. MICR code for Thikariya I A Banswara 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 Thikariya I A Banswara is presented in the table alongside.

Use of State Bank Of India MICR code for Thikariya I A Banswara branch in banswara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Thikariya I A Banswara 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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