Sbm Bank Kengeri Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Sbm Bank Kengeri 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 Kengeri Satellite Town
Contact 080-28484686
Bank Details State Bank Of Mysore Kengeri Satellite Town SBMY0040735
Location Kengeri, Bangalore Urban
City Kengeri
District Bangalore Urban
State Karnataka
Pincode 560060
Country IN
Address No18 mirle mansion kengeri satellite town bangalore 560060
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 560006117 for Kengeri Satellite Town 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 560006117 of State Bank Of Mysore, Kengeri Satellite Town branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Kengeri Satellite Town 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 -

>>Kengeri Satellite Town

MICR code for Sbm Bank Kengeri Satellite Town

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 Kengeri Satellite Town 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. 560006117 is the MICR code of Sbm Bank for Kengeri Satellite Town branch. MICR code for Kengeri Satellite Town 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 Kengeri Satellite Town is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Kengeri Satellite Town branch in kengeri

The MICR code 560006117 is used in RBI cheque clearing process to identify the branch Kengeri Satellite Town 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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