SBP Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for SBP Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code	110007072
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	Noida Sector 63
Contact	0120-2427120
Bank Details	State Bank Of Patiala Noida Sector 63 STBP0001021

Location	Noida, Gautam Buddha Nagar
City	Noida
District	Gautam Buddha Nagar
State	Uttar Pradesh
Pincode	201301
Country	IN
Address	H-1,a-7,sector-63,dist-gautam budh nagar,noida- 201301,up

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 110007072 for Noida Sector 63 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 110007072 of State Bank Of Patiala, Noida Sector 63 branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Noida Sector 63 branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Patiala are available with micr code -

>>Alpha 1 Greater Noida >>Noida Sector 63

MICR code for SBP Bank Noida Sector 63

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 Noida Sector 63 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. 110007072 is the MICR code of SBP Bank for Noida Sector 63 branch. MICR code for Noida Sector 63 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 Noida Sector 63 is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Noida Sector 63 branch in noida

The MICR code 110007072 is used in RBI cheque clearing process to identify the branch Noida Sector 63 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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