SBI Madurai Alapuzzha Kerala MICR CODE

Find MICR Codes for SBI Madurai Alapuzzha Kerala

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch West Tower Street
Contact 0452-2345287 Ip-991358
Bank Details State Bank Of India West Tower Street SBIN0008641
Location Madurai, Alapuzzha
City Madurai
District Alapuzzha
State Kerala
Pincode 625001
Country IN
Address 78 west tower street,madurai,state tamilnadu,pin 625001
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 625002018 for West Tower Street 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 625002018 of State Bank Of India, West Tower Street branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for West Tower Street branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>West Tower Street

MICR code for SBI West Tower Street

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 West Tower Street 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. 625002018 is the MICR code of SBI Bank for West Tower Street branch. MICR code for West Tower Street 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 West Tower Street is presented in the table alongside.

Use of State Bank Of India MICR code for West Tower Street branch in madurai

The MICR code 625002018 is used in RBI cheque clearing process to identify the branch West Tower Street 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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