SBP Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for SBP Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alpha 1 Greater Noida
Contact 0120-2396150
Bank Details State Bank Of Patiala Alpha 1 Greater Noida STBP0001019
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201308
Country IN
Address Kaisons alpha square,a-3,alpha commercial belt,alpha-1,greater noida,pin-201308
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 110007070 for Alpha 1 Greater Noida 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 110007070 of State Bank Of Patiala, Alpha 1 Greater Noida branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Alpha 1 Greater Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Patiala are available with micr code -

>>Alpha 1 Greater Noida >>Noida Sector 63

MICR code for SBP Bank Alpha 1 Greater Noida

SBP Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of Patiala MICR code for Alpha 1 Greater Noida 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. 110007070 is the MICR code of SBP Bank for Alpha 1 Greater Noida branch. MICR code for Alpha 1 Greater Noida 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 Patiala Alpha 1 Greater Noida is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Alpha 1 Greater Noida branch in noida

The MICR code 110007070 is used in RBI cheque clearing process to identify the branch Alpha 1 Greater Noida and State Bank Of Patiala 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 SBP Bank is typically in either of these two font’s: E-138 and CMC-7.

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