Sbm Bank Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for Sbm Bank Belgaum Belgaum Karnataka

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MICR Code	590006008
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	Hanuman Nagar
Contact	0831-2447122
Bank Details	State Bank Of Mysore Hanuman Nagar SBMY0040786

Location	Belgaum, Belgaum
City	Belgaum
District	Belgaum
State	Karnataka
Pincode	591108
Country	IN
Address	Plot no.-336, cts no.-3208,scheme 40, behind hidalga ganesh temple,hanuman nagar belgaum - 591108

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 590006008 for Hanuman Nagar 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 590006008 of State Bank Of Mysore, Hanuman Nagar branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Hanuman Nagar 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 Hanuman Nagar

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 Hanuman Nagar 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. 590006008 is the MICR code of Sbm Bank for Hanuman Nagar branch. MICR code for Hanuman Nagar 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 Hanuman Nagar is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Hanuman Nagar branch in belgaum

The MICR code 590006008 is used in RBI cheque clearing process to identify the branch Hanuman Nagar 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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