State Bank Of Bikaner And Jaipur Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Indore Indore Madhya Pradesh

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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 Indore
Contact Branch Manager,0731-2703719
Bank Details State Bank Of Bikaner And Jaipur Indore SBBJ0010359
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address 6., kanti mansion, murai mohalla, indore - 452001
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 452003002 for Indore 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 452003002 of SBBJ Bank, Indore branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Indore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Bikaner And Jaipur are available with micr code -

>>Indore >>New Palasiya Indore

MICR code for State Bank Of Bikaner And Jaipur Indore

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 Indore 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. 452003002 is the MICR code of State Bank Of Bikaner And Jaipur for Indore branch. MICR code for Indore 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 Indore is presented in the table alongside.

Use of SBBJ Bank MICR code for Indore branch in indore

The MICR code 452003002 is used in RBI cheque clearing process to identify the branch Indore 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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