State Bank Of Travancore Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for State Bank Of Travancore Amritsar Amritsar Punjab

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State
District
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MICR Code	-NA-
Bank	State Bank Of Travancore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Amritsar
Contact	022-27564754
Bank Details	State Bank Of Travancore Amritsar SBTR0001032

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	Balaji chambers, sco 3, dist shopping centre, ranjit avenue,amritsar, punjab 143001

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 Amritsar 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 Sbt Bank, Amritsar branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Amritsar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Travancore are available with micr code -

>>Amritsar

MICR code for State Bank Of Travancore Amritsar

State Bank Of Travancore MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sbt Bank MICR code for Amritsar 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 Travancore Bank for Amritsar branch. MICR code for Amritsar 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 Sbt Bank Amritsar is presented in the table alongside.

Use of Sbt Bank MICR code for Amritsar branch in amritsar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Amritsar and Sbt 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 Travancore Bank is typically in either of these two font’s: E-138 and CMC-7.

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