SBI Yavatmal Yavatmal Maharashtra MICR CODE

Find MICR Codes for SBI Yavatmal Yavatmal Maharashtra

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MICR Code	445002967
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	Yavatmal
Contact	Ip:109641 07232-243386/254204
Bank Details	State Bank Of India Yavatmal SBIN0000506

Location	Yavatmal, Yavatmal
City	Yavatmal
District	Yavatmal
State	Maharashtra
Pincode	445001
Country	IN
Address	Dist yavatmal, maharashtra 445001

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 445002967 for Yavatmal 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 445002967 of State Bank Of India, Yavatmal branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Yavatmal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of State Bank Of India are available with micr code -

>>Currency Administration Cell Yavatmal >>Darwha >>Dsh Yavatmal >>Lohara >>Main Line Yavatmal >>R And Db Racc Yavatmal >>Racc Yavatmal >>Racpc Yavatmal >>Rbo Region 6 Yavatmal >>Sbiintouch Yavatmal >>Sme Yavatmal >>Umarasara >>Umarkhed >>Yavatmal >>Yeotmal

MICR code for SBI Yavatmal

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 Yavatmal 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. 445002967 is the MICR code of SBI Bank for Yavatmal branch. MICR code for Yavatmal 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 Yavatmal is presented in the table alongside.

Use of State Bank Of India MICR code for Yavatmal branch in yavatmal

The MICR code 445002967 is used in RBI cheque clearing process to identify the branch Yavatmal 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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