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 Shri Balaji 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. 341003501 is the MICR code of State Bank Of Bikaner And Jaipur for Shri Balaji branch. MICR code for Shri Balaji 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 Shri Balaji is presented in the table alongside.
The MICR code 341003501 is used in RBI cheque clearing process to identify the branch Shri Balaji 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.