Sbm Bank Bangalore Bangalore North Karnataka MICR CODE

Find MICR Codes for Sbm Bank Bangalore Bangalore North 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 Hesarghatta
Contact 9611574727
Bank Details State Bank Of Mysore Hesarghatta SBMY0041187
Location Bangalore, Bangalore North
City Bangalore
District Bangalore North
State Karnataka
Pincode 560089
Country IN
Address No 406/9/1 siddeshwara complex, t b cross, hesarghatta, bangalore 560089
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 560006888 for Hesarghatta 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 560006888 of State Bank Of Mysore, Hesarghatta branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Hesarghatta 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 -

>>Hesarghatta

MICR code for Sbm Bank Hesarghatta

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 Hesarghatta 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. 560006888 is the MICR code of Sbm Bank for Hesarghatta branch. MICR code for Hesarghatta 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 Hesarghatta is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Hesarghatta branch in bangalore

The MICR code 560006888 is used in RBI cheque clearing process to identify the branch Hesarghatta 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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