State Bank Of Bikaner And Jaipur Newai Tonk Rajasthan MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Newai Tonk 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 Newei
Contact Branch Manager,01438-222841
Bank Details State Bank Of Bikaner And Jaipur Newei SBBJ0010756
Location Newai, Tonk
City Newai
District Tonk
State Rajasthan
Pincode 304021
Country IN
Address Distt. Tonk - 304021
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 Newei 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, Newei branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Newei 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 -

>>Newei

MICR code for State Bank Of Bikaner And Jaipur Newei

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

Use of SBBJ Bank MICR code for Newei branch in newai

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