SBP Bank Selakui Dehra Dun Uttrakhand MICR CODE

Find MICR Codes for SBP Bank Selakui Dehra Dun Uttrakhand

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MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Selaque Cape Town
Contact
Bank Details State Bank Of Patiala Selaque Cape Town STBP0001491
Location Selakui, Dehra Dun
City Selakui
District Dehra Dun
State Uttrakhand
Pincode 248011
Country IN
Address State bank of patiala 303 jamanpur near jai durga commercial plaza main market selaqui dehradun 248011
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 Selaque Cape Town 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, Selaque Cape Town branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Selaque Cape Town 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 -

>>Selaque Cape Town

MICR code for SBP Bank Selaque Cape Town

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 Selaque Cape Town 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 Selaque Cape Town branch. MICR code for Selaque Cape Town 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 Selaque Cape Town is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Selaque Cape Town branch in selakui

The MICR code 0 is used in RBI cheque clearing process to identify the branch Selaque Cape Town 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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