Sbm Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Sbm Bank Bangalore Bangalore Urban Karnataka

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State
District
City
Branch
Address

MICR Code	560006172
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	N R Colony
Contact	9886327739
Bank Details	State Bank Of Mysore N R Colony SBMY0041029

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560004
Country	IN
Address	39/1, sannidhi road, n.r.colony, basavanagudi, bangalore 560004

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 560006172 for N R Colony 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 560006172 of State Bank Of Mysore, N R Colony branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for N R Colony 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 N R Colony

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 N R Colony 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. 560006172 is the MICR code of Sbm Bank for N R Colony branch. MICR code for N R Colony 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 N R Colony is presented in the table alongside.

Use of State Bank Of Mysore MICR code for N R Colony branch in bangalore

The MICR code 560006172 is used in RBI cheque clearing process to identify the branch N R Colony 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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