State Bank Of Bikaner And Jaipur Balasore Baleshwar Orissa MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Balasore Baleshwar Orissa

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MICR Code
Bank State Bank Of Bikaner And Jaipur
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balasore
Contact
Bank Details State Bank Of Bikaner And Jaipur Balasore SBBJ0011412
Location Balasore, Baleshwar
City Balasore
District Baleshwar
State Orissa
Pincode 756001
Country IN
Address Fm golai bhaskarganj, dist-balasore, odisha, pin-756001
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 Balasore 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 SBBJ Bank, Balasore branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Balasore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Bikaner And Jaipur are available with micr code -

>>Balasore

MICR code for State Bank Of Bikaner And Jaipur Balasore

State Bank Of Bikaner And Jaipur MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SBBJ Bank MICR code for Balasore 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 State Bank Of Bikaner And Jaipur for Balasore branch. MICR code for Balasore 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 SBBJ Bank Balasore is presented in the table alongside.

Use of SBBJ Bank MICR code for Balasore branch in balasore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Balasore and SBBJ Bank 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 State Bank Of Bikaner And Jaipur is typically in either of these two font’s: E-138 and CMC-7.

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