Sbm Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Sbm Bank Mysore Mysore 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 Mysore
Contact 0821-2440973
Bank Details State Bank Of Mysore Mysore SBMY0040054
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570001
Country IN
Address 61, ashoka rd,mysore - 570001
MICR Code
Bank State Bank Of Mysore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch C F T R I
Contact 0821-414285
Bank Details State Bank Of Mysore C F T R I SBMY0040055
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570013
Country IN
Address Mysore - 570 013
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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 to find MICR codes for Sbm Bank in mysore?

Sbm Bank mysore 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 mysore, one can further search by branch name specified in the table. You can find MICR codes for all Sbm Bank mysore branches.

State Bank Of Mysore MICR code in mysore

Sbm Bank MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of Mysore MICR code for mysore 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 mysore, 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 mysore 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 mysore 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 mysore branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Sbm Bank MICR codes for mysore 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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