State Bank Of Bikaner And Jaipur Chanderwara Banswara Rajasthan MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Chanderwara Banswara Rajasthan

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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 Chanderwara
Contact Branch Manager,02962-232876
Bank Details State Bank Of Bikaner And Jaipur Chanderwara SBBJ0010601
Location Chanderwara, Banswara
City Chanderwara
District Banswara
State Rajasthan
Pincode 327001
Country IN
Address Distt. Banswara - 327001
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 Chanderwara 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, Chanderwara branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Chanderwara 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 -

>>Chanderwara

MICR code for State Bank Of Bikaner And Jaipur Chanderwara

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 Chanderwara 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 Chanderwara branch. MICR code for Chanderwara 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 Chanderwara is presented in the table alongside.

Use of SBBJ Bank MICR code for Chanderwara branch in chanderwara

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