SBI Nanded Nanded Maharashtra MICR CODE

Find MICR Codes for SBI Nanded Nanded Maharashtra

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tuppa
Contact 02462-226472, 9422910615
Bank Details State Bank Of India Tuppa SBIN0009383
Location Nanded, Nanded
City Nanded
District Nanded
State Maharashtra
Pincode 430603
Country IN
Address Rathore corner, degloor road, dist nanded, maharashtra 430603
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 431002746 for Tuppa 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 431002746 of State Bank Of India, Tuppa branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Tuppa branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Tuppa

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 Tuppa 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. 431002746 is the MICR code of SBI Bank for Tuppa branch. MICR code for Tuppa 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 Tuppa is presented in the table alongside.

Use of State Bank Of India MICR code for Tuppa branch in nanded

The MICR code 431002746 is used in RBI cheque clearing process to identify the branch Tuppa 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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