SBP Bank Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for SBP Bank Jalandhar Jalandhar Punjab

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MICR Code	-NA-
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	Jalandhar Rainak Bazar
Contact	O181-2282287, 2402583(Fax)
Bank Details	State Bank Of Patiala Jalandhar Rainak Bazar STBP0000505

Location	Jalandhar, Jalandhar
City	Jalandhar
District	Jalandhar
State	Punjab
Pincode	144001
Country	IN
Address	Rainak bazar,jalandhar

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

A total of 22 branches of State Bank Of Patiala are available with micr code -

>>Ambedkar Chowk Jalandhar >>Basti Nau >>Jalandhar (Focal Point) >>Jalandhar Aman Nagar >>Jalandhar Cantt. >>Jalandhar Guru Teg Bahadur Nagar >>Jalandhar N.R.I. >>Jalandhar P And Sb >>Jalandhar Patel Chowk >>Jalandhar Rainak Bazar >>Jalandhar Tanda Road >>Jamsher Khas >>Kapurthala Road Jalandhar >>Maqsudan >>Model Town Jalandhar >>Money Shoppe >>Overseas Branch Jalandhar >>Rama Mandi Jalandhar >>Rec Jalandhar >>Sarb Jalandhar >>Shastri Market Jalandhar >>Urban Estate Jalandhar

MICR code for SBP Bank Jalandhar Rainak Bazar

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 Jalandhar Rainak Bazar 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 Jalandhar Rainak Bazar branch. MICR code for Jalandhar Rainak Bazar 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 Jalandhar Rainak Bazar is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Jalandhar Rainak Bazar branch in jalandhar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jalandhar Rainak Bazar 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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