State Bank Of Travancore Guntur Guntur Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Travancore Guntur Guntur Andhra Pradesh

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MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Guntur
Contact
Bank Details State Bank Of Travancore Guntur SBTR0000625
Location Guntur, Guntur
City Guntur
District Guntur
State Andhra Pradesh
Pincode 522001
Country IN
Address Door no.13-2-6, ist line, gunturivari thota, guntur, andhra pradesh, pin-522001
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 520009102 for Guntur 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 520009102 of Sbt Bank, Guntur branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Guntur 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 -

>>Guntur

MICR code for State Bank Of Travancore Guntur

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 Guntur 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. 520009102 is the MICR code of Travancore Bank for Guntur branch. MICR code for Guntur 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 Guntur is presented in the table alongside.

Use of Sbt Bank MICR code for Guntur branch in guntur

The MICR code 520009102 is used in RBI cheque clearing process to identify the branch Guntur 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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