SBI Rayagada Rayagada Orissa MICR CODE

Find MICR Codes for SBI Rayagada Rayagada Orissa

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MICR Code	765002099
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Tikiri
Contact	06865-286350
Bank Details	State Bank Of India Tikiri SBIN0010132

Location	Rayagada, Rayagada
City	Rayagada
District	Rayagada
State	Orissa
Pincode	765015
Country	IN
Address	Utkal alumina intl ltd campus, tikiri, 765015

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 765002099 for Tikiri 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 765002099 of State Bank Of India, Tikiri branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Tikiri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of India are available with micr code -

>>Adb Rayagada >>Cac Rayagada >>Fi Dsh Rayagada >>Komatalapeta Branch >>Racc Rayagada R And Db >>Ramanaguda Branch >>Rayagada >>Sme Rayagada >>Station Road Rayagada >>Tikiri

MICR code for SBI Tikiri

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 Tikiri 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. 765002099 is the MICR code of SBI Bank for Tikiri branch. MICR code for Tikiri 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 Tikiri is presented in the table alongside.

Use of State Bank Of India MICR code for Tikiri branch in rayagada

The MICR code 765002099 is used in RBI cheque clearing process to identify the branch Tikiri 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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