Sbm Bank Hesaraghatta Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Sbm Bank Hesaraghatta Bangalore Urban Karnataka

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MICR Code
Bank State Bank Of Mysore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chikkabanavara
Contact 9971993074
Bank Details State Bank Of Mysore Chikkabanavara SBMY0040880
Location Hesaraghatta, Bangalore Urban
City Hesaraghatta
District Bangalore Urban
State Karnataka
Pincode 560090
Country IN
Address Site no 1&2 sy no 53/2 hesaraghatta main road chikkabanavara bangalore 560090
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 Chikkabanavara 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 Mysore, Chikkabanavara branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Chikkabanavara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Mysore are available with micr code -

>>Chikkabanavara

MICR code for Sbm Bank Chikkabanavara

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 Chikkabanavara 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 Sbm Bank for Chikkabanavara branch. MICR code for Chikkabanavara 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 Chikkabanavara is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Chikkabanavara branch in hesaraghatta

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