SBI Delhi Delhi New Delhi MICR CODE

Find MICR Codes for SBI Delhi Delhi New Delhi

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MICR Code	-NA-
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	Vikas Marg
Contact
Bank Details	State Bank Of India Vikas Marg SBIN0015660

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110092
Country	IN
Address	U-157, near patel hospital, shakurpur, new delhi - 110092

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

A total of 183 branches of State Bank Of India are available with micr code -

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MICR code for SBI Vikas Marg

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 Vikas Marg 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 Vikas Marg branch. MICR code for Vikas Marg 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 Vikas Marg is presented in the table alongside.

Use of State Bank Of India MICR code for Vikas Marg branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vikas Marg 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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