State Bank Of Bikaner And Jaipur Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Mumbai Greater Bombay Maharashtra

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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 Vashi
Contact Branch Manager,022-27657327
Bank Details State Bank Of Bikaner And Jaipur Vashi SBBJ0010799
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400703
Country IN
Address Opp. Apmc market, sector 19, vashi, navi mumbai - 400703
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 400003018 for Vashi 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 400003018 of SBBJ Bank, Vashi branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Vashi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Bikaner And Jaipur Vashi

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 Vashi 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. 400003018 is the MICR code of State Bank Of Bikaner And Jaipur for Vashi branch. MICR code for Vashi 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 Vashi is presented in the table alongside.

Use of SBBJ Bank MICR code for Vashi branch in mumbai

The MICR code 400003018 is used in RBI cheque clearing process to identify the branch Vashi 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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