State Bank Of Travancore Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for State Bank Of Travancore Bangalore Bangalore Urban Karnataka

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MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore City
Contact
Bank Details State Bank Of Travancore Bangalore City SBTR0000242
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560018
Country IN
Address P.b.no.1808, tippusultan palace road, chamarajpet p.o., bangalore, karnataka, pin-560018
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 560009002 for Bangalore City 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 560009002 of Sbt Bank, Bangalore City branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Bangalore City branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Bangalore City

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 Bangalore City 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. 560009002 is the MICR code of Travancore Bank for Bangalore City branch. MICR code for Bangalore City 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 Bangalore City is presented in the table alongside.

Use of Sbt Bank MICR code for Bangalore City branch in bangalore

The MICR code 560009002 is used in RBI cheque clearing process to identify the branch Bangalore City 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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