Sbm Bank Kaggalipura Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Sbm Bank Kaggalipura 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 Kaggalipura
Contact 080-8432222
Bank Details State Bank Of Mysore Kaggalipura SBMY0040406
Location Kaggalipura, Bangalore Urban
City Kaggalipura
District Bangalore Urban
State Karnataka
Pincode 560062
Country IN
Address Kaggalipura 560 062
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.

Search Sbm Bank MICR Codes in bangalore urban

You can search through MICR Codes of Karnataka branches in kaggalipura of District bangalore urban in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Kaggalipura

How to find MICR codes for Sbm Bank in kaggalipura?

Sbm Bank kaggalipura MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From State Bank Of Mysore MICR codes list for kaggalipura, one can further search by branch name specified in the table. You can find MICR codes for all Sbm Bank kaggalipura branches.

State Bank Of Mysore MICR code in kaggalipura

Sbm Bank MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of Mysore MICR code for kaggalipura branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Sbm Bank branches in kaggalipura, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Sbm Bank MICR code for kaggalipura branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Sbm Bank kaggalipura branch, sprinted 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. Thus MICR code for State Bank Of Mysore kaggalipura branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Sbm Bank MICR codes for kaggalipura branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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