State Bank Of Bikaner And Jaipur Kharar Rupnagar Punjab MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Kharar Rupnagar Punjab

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MICR Code	160003005
Bank	State Bank Of Bikaner And Jaipur
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kharar
Contact	1602286095
Bank Details	State Bank Of Bikaner And Jaipur Kharar SBBJ0011257

Location	Kharar, Rupnagar
City	Kharar
District	Rupnagar
State	Punjab
Pincode	140301
Country	IN
Address	Chandigarh road, opposite water tank, kharar

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 160003005 for Kharar 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 160003005 of SBBJ Bank, Kharar branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Kharar 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 -

>>Kharar

MICR code for State Bank Of Bikaner And Jaipur Kharar

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 Kharar 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. 160003005 is the MICR code of State Bank Of Bikaner And Jaipur for Kharar branch. MICR code for Kharar 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 Kharar is presented in the table alongside.

Use of SBBJ Bank MICR code for Kharar branch in kharar

The MICR code 160003005 is used in RBI cheque clearing process to identify the branch Kharar 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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