Sbm Bank Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for Sbm Bank Belgaum Belgaum Karnataka

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MICR Code	590006003
Bank	State Bank Of Mysore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Belgaum Zonal Office
Contact	9880241523
Bank Details	State Bank Of Mysore Belgaum Zonal Office SBMY0040905

Location	Belgaum, Belgaum
City	Belgaum
District	Belgaum
State	Karnataka
Pincode	590001
Country	IN
Address	Opp, maratha mangal karyalay near railway over bridge, kanapura road,

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 590006003 for Belgaum Zonal Office 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 590006003 of State Bank Of Mysore, Belgaum Zonal Office branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Belgaum Zonal Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of State Bank Of Mysore are available with micr code -

>>Belgaum >>Belgaum Zonal Office >>Hanuman Nagar >>Hindwadi >>Malamaruthi Extn >>Ramthirtha Nagar >>Ramthirtha Nagar >>Region V Hz >>Ssi Belgaum >>Suvarna Vidhana Soudha >>Vadagaon >>Vtu Campus Matche

MICR code for Sbm Bank Belgaum Zonal Office

Sbm Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of Mysore MICR code for Belgaum Zonal Office 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. 590006003 is the MICR code of Sbm Bank for Belgaum Zonal Office branch. MICR code for Belgaum Zonal Office 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 Mysore Belgaum Zonal Office is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Belgaum Zonal Office branch in belgaum

The MICR code 590006003 is used in RBI cheque clearing process to identify the branch Belgaum Zonal Office and State Bank Of Mysore 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 Sbm Bank is typically in either of these two font’s: E-138 and CMC-7.

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