SBP Bank Rajpura Patiala Punjab MICR CODE

Find MICR Codes for SBP Bank Rajpura Patiala 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	Rajpura K.S.M.
Contact	01762-224288
Bank Details	State Bank Of Patiala Rajpura K.S.M. STBP0000747

Location	Rajpura, Patiala
City	Rajpura
District	Patiala
State	Punjab
Pincode	140401
Country	IN
Address	K.s.m, rajpura(punjab)

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

A total of 9 branches of State Bank Of Patiala are available with micr code -

>>Akkar >>Bhappal >>Dehar >>Mini Secretariat Rajpura >>Rajpura Grain Market >>Rajpura K.S.M. >>Rajpura Main Branch >>Rajpura Township >>Thuha

MICR code for SBP Bank Rajpura K.S.M.

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 Rajpura K.S.M. 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 Rajpura K.S.M. branch. MICR code for Rajpura K.S.M. 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 Rajpura K.S.M. is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Rajpura K.S.M. branch in rajpura

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rajpura K.S.M. 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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