Sbm Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Sbm Bank Bangalore Bangalore Urban Karnataka

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MICR Code	560006179
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	Kandaya Bhavan
Contact	9900255327
Bank Details	State Bank Of Mysore Kandaya Bhavan SBMY0041072

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560009
Country	IN
Address	Ground floor kandaya bhavan complex kempe gowda road bangalore 560009

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 560006179 for Kandaya Bhavan 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 560006179 of State Bank Of Mysore, Kandaya Bhavan branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Kandaya Bhavan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 159 branches of State Bank Of Mysore are available with micr code -

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MICR code for Sbm Bank Kandaya Bhavan

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 Kandaya Bhavan 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. 560006179 is the MICR code of Sbm Bank for Kandaya Bhavan branch. MICR code for Kandaya Bhavan 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 Kandaya Bhavan is presented in the table alongside.

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

The MICR code 560006179 is used in RBI cheque clearing process to identify the branch Kandaya Bhavan 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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