State Bank Of Travancore Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for State Bank Of Travancore Mumbai Mumbai Maharashtra

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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	Rtgs Ho
Contact	27564754
Bank Details	State Bank Of Travancore Rtgs Ho SBTR0000697

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400614
Country	IN
Address	Balaji bhavan 3rd flor sector 11 cbd belapur navi mumbai 400614 rtgs@sbt.co.in

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

A total of 2 branches of State Bank Of Travancore are available with micr code -

>>Commercial Branch Mumbai >>Rtgs Ho

MICR code for State Bank Of Travancore Rtgs Ho

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 Rtgs Ho 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 Rtgs Ho branch. MICR code for Rtgs Ho 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 Rtgs Ho is presented in the table alongside.

Use of Sbt Bank MICR code for Rtgs Ho branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rtgs Ho 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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