SBP Bank Solan Solan Himachal Pradesh MICR CODE

Find MICR Codes for SBP Bank Solan Solan Himachal Pradesh

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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	Solan (Govt Deg Colg)
Contact	01792 229069
Bank Details	State Bank Of Patiala Solan (Govt Deg Colg) STBP0001246

Location	Solan, Solan
City	Solan
District	Solan
State	Himachal Pradesh
Pincode	173212
Country	IN
Address	Govt degree college, solan, himachal pradesh, pin 173212

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 Solan (Govt Deg Colg) 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, Solan (Govt Deg Colg) branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Solan (Govt Deg Colg) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of State Bank Of Patiala are available with micr code -

>>Damrog >>Deonghat Solan >>Dharot >>Patta Brawari >>Salogra >>Solan >>Solan (Govt Deg Colg)

MICR code for SBP Bank Solan (Govt Deg Colg)

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 Solan (Govt Deg Colg) 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 Solan (Govt Deg Colg) branch. MICR code for Solan (Govt Deg Colg) 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 Solan (Govt Deg Colg) is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Solan (Govt Deg Colg) branch in solan

The MICR code 0 is used in RBI cheque clearing process to identify the branch Solan (Govt Deg Colg) 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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