Sbm Bank Kulageri Cross Bagalkot Karnataka MICR CODE

Find MICR Codes for Sbm Bank Kulageri Cross Bagalkot 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 Kulageri Cross
Contact 0835-736028
Bank Details State Bank Of Mysore Kulageri Cross SBMY0040409
Location Kulageri Cross, Bagalkot
City Kulageri Cross
District Bagalkot
State Karnataka
Pincode 587155
Country IN
Address Kulageri cross 587 155
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 0 for Kulageri Cross 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 0 of State Bank Of Mysore, Kulageri Cross branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Kulageri Cross 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 -

>>Kulageri Cross

MICR code for Sbm Bank Kulageri Cross

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 Kulageri Cross 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. 0 is the MICR code of Sbm Bank for Kulageri Cross branch. MICR code for Kulageri Cross 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 Kulageri Cross is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Kulageri Cross branch in kulageri cross

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kulageri Cross 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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