Sbm Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Sbm Bank Thane Thane Maharashtra

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MICR Code	400006014
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	Kapurbawdi
Contact	022-25476522
Bank Details	State Bank Of Mysore Kapurbawdi SBMY0040670

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400601
Country	IN
Address	I anand plaza lbs marg near castle mill naka thane(w)

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 400006014 for Kapurbawdi 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 400006014 of State Bank Of Mysore, Kapurbawdi branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Kapurbawdi 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 -

>>Kapurbawdi

MICR code for Sbm Bank Kapurbawdi

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 Kapurbawdi 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. 400006014 is the MICR code of Sbm Bank for Kapurbawdi branch. MICR code for Kapurbawdi 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 Kapurbawdi is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Kapurbawdi branch in thane

The MICR code 400006014 is used in RBI cheque clearing process to identify the branch Kapurbawdi 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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