SBP Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for SBP Bank Faridabad Faridabad Haryana

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MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Faridabad Sector 15
Contact 0139-2282431
Bank Details State Bank Of Patiala Faridabad Sector 15 STBP0000205
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121007
Country IN
Address 1047 sector-15 faridabad-121007
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 Faridabad Sector 15 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 Patiala, Faridabad Sector 15 branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Faridabad Sector 15 branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBP Bank Faridabad Sector 15

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 Faridabad Sector 15 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 SBP Bank for Faridabad Sector 15 branch. MICR code for Faridabad Sector 15 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 Faridabad Sector 15 is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Faridabad Sector 15 branch in faridabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Faridabad Sector 15 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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