SBP Bank Dhandrala Dhindsan Patiala Punjab MICR CODE

Find MICR Codes for SBP Bank Dhandrala Dhindsan Patiala Punjab

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MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naura
Contact 01765 266366
Bank Details State Bank Of Patiala Naura STBP0001133
Location Dhandrala Dhindsan, Patiala
City Dhandrala Dhindsan
District Patiala
State Punjab
Pincode 147201
Country IN
Address Amloh road, vill. Naura, po dandrala dhindsa, tehsil nabha, distt. Patiala, punjab, pin 147201
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 Naura 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, Naura branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Naura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Patiala are available with micr code -

>>Naura

MICR code for SBP Bank Naura

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 Naura 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 Naura branch. MICR code for Naura 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 Naura is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Naura branch in dhandrala dhindsan

The MICR code 0 is used in RBI cheque clearing process to identify the branch Naura 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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