SBP Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for SBP Bank Bangalore Bangalore Urban Karnataka

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MICR Code	570007002
Bank	State Bank Of Patiala
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Devanahalli
Contact	9008779977
Bank Details	State Bank Of Patiala Devanahalli STBP0001484

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	562110
Country	IN
Address	Bnw complex, near rto office bangalore, bellary rd devanahalli - 562110

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 570007002 for Devanahalli 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 570007002 of State Bank Of Patiala, Devanahalli branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Devanahalli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of Patiala are available with micr code -

>>Banagalore White Field >>Banashankari >>Banaswadi Bangalore >>Bangalore (J.P.Nagar) >>Bangalore Hsr Layout >>Banglore Indira Nagar >>Banglore Nr Square >>Basaweshwaranagar >>Devanahalli >>Electronic City Bangalore

MICR code for SBP Bank Devanahalli

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 Devanahalli 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. 570007002 is the MICR code of SBP Bank for Devanahalli branch. MICR code for Devanahalli 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 Devanahalli is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Devanahalli branch in bangalore

The MICR code 570007002 is used in RBI cheque clearing process to identify the branch Devanahalli 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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