State Bank Of Bikaner And Jaipur Palava Alwar Rajasthan MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Palava Alwar 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 Palava
Contact 9680348150
Bank Details State Bank Of Bikaner And Jaipur Palava SBBJ0011434
Location Palava, Alwar
City Palava
District Alwar
State Rajasthan
Pincode 301706
Country IN
Address Panchayat bhawan, village palava, tehsil mundawar,distt. Alwar, rajasthan - 301706
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 301003105 for Palava 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 301003105 of SBBJ Bank, Palava branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Palava 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 -

>>Palava

MICR code for State Bank Of Bikaner And Jaipur Palava

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 Palava 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. 301003105 is the MICR code of State Bank Of Bikaner And Jaipur for Palava branch. MICR code for Palava 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 Palava is presented in the table alongside.

Use of SBBJ Bank MICR code for Palava branch in palava

The MICR code 301003105 is used in RBI cheque clearing process to identify the branch Palava 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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