SBP Bank Sangrur Sangrur Punjab MICR CODE

Find MICR Codes for SBP Bank Sangrur Sangrur Punjab

↻ Reload
MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sangrur
Contact 01672-234313
Bank Details State Bank Of Patiala Sangrur STBP0000026
Location Sangrur, Sangrur
City Sangrur
District Sangrur
State Punjab
Pincode 148001
Country IN
Address Bara chowk, sangrur(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 Sangrur 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, Sangrur branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Sangrur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of State Bank Of Patiala are available with micr code -

>>Dac Sangrur >>Neft Malwa Gramin Bank >>Sangrur >>Sangrur Govt Ranbir College >>Sangrur N.G.M.

MICR code for SBP Bank Sangrur

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

Use of State Bank Of Patiala MICR code for Sangrur branch in sangrur

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

Copied!