|
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 of State Bank Of Patiala, new delhi branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for new delhi branch, makes the characters readable even if there are other marks and stamps on it.
>>Commercial Branch Delhi >>Dwarka Sector 6 Delhi >>Kgm New Delhi >>Narela New Delhi >>New Delhi (Budh Vihar) >>New Delhi Azadpur >>New Delhi Bali Nagar >>New Delhi Bamnoli >>New Delhi Darya Ganj >>New Delhi Dda Flats Kalkaji >>New Delhi Defence Colony >>New Delhi Hauz Khas >>New Delhi Janak Puri >>New Delhi Jounti Block >>New Delhi Karala >>New Delhi Karol Bagh >>New Delhi Kondli >>New Delhi Laxmi Nagar >>New Delhi Mahipal Pur >>New Delhi Model Basti >>New Delhi Mount Karmel >>New Delhi Naraina Indl.Area >>New Delhi Nehru Place >>New Delhi New Friends Colony >>New Delhi Okhala Indl. Area >>New Delhi Palam Extension >>New Delhi Parliament Street >>New Delhi Paschim Puri >>New Delhi Patparganj >>New Delhi Personal Banking >>New Delhi Pitampura >>New Delhi Pooth Kalan >>New Delhi Pusa Road >>New Delhi Rohini >>New Delhi Safdarjung Enclave >>New Delhi Shiv Nagar >>New Delhi Wazirpur Indl.Estate >>S N Marg New Delhi >>Shastri Bhavan New Delhi
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 new delhi 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. is the MICR code of SBP Bank for new delhi branch. MICR code for new delhi 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 new delhi is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch new delhi 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.