Sbm Bank Bellary Bellary Karnataka MICR CODE

Find MICR Codes for Sbm Bank Bellary Bellary Karnataka

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State
District
City
Branch
Address

MICR Code	583006527
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	Chaganur
Contact
Bank Details	State Bank Of Mysore Chaganur SBMY0040915

Location	Bellary, Bellary
City	Bellary
District	Bellary
State	Karnataka
Pincode	583111
Country	IN
Address	B suresh babu building chaganur bellary dist karnataka

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 583006527 for Chaganur 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 583006527 of State Bank Of Mysore, Chaganur branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Chaganur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of State Bank Of Mysore are available with micr code -

>>Apmc Yard Bellary >>Basaveshwara Nagar >>Bazaar Br. Bellary >>Bellary >>Cantonment Bellary >>Chaganur >>Cowl Bazar Bellary >>Dr. Tekur Subramanyam Road >>Gandhi Nagar >>Ifb Bellary >>Kadlebalu >>Nehru Colony >>Parvathinagar >>Patel Nagar >>Raghavendra Colony >>Region Iv Hz >>Treasury Bellary >>Vims

MICR code for Sbm Bank Chaganur

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 Chaganur 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. 583006527 is the MICR code of Sbm Bank for Chaganur branch. MICR code for Chaganur 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 Chaganur is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Chaganur branch in bellary

The MICR code 583006527 is used in RBI cheque clearing process to identify the branch Chaganur 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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