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SBI Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for SBI Raipur Raipur Chhattisgarh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhatapara
Contact 07726-220364 ip 204491
Bank Details State Bank Of India Bhatapara SBIN0000329
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 493118
Country IN
Address Dist raipur, chhattisgarh 493 118
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raipur Main
Contact Ip-204451/204452, Tel-0771-2533854,2233974, 2535395
Bank Details State Bank Of India Raipur Main SBIN0000461
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492001
Country IN
Address Jai stambh chowk, raipur, m.p.
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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.

Search SBI MICR Codes in raipur

You can search through MICR Codes of Chhattisgarh branches in raipur of District raipur in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for SBI in raipur?

SBI raipur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From State Bank Of India MICR codes list for raipur, one can further search by branch name specified in the table. You can find MICR codes for all SBI raipur branches.

State Bank Of India MICR code in raipur

SBI MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of India MICR code for raipur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for SBI Bank branches in raipur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does SBI Bank MICR code for raipur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a SBI raipur branch, sprinted 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. Thus MICR code for State Bank Of India raipur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of SBI Bank MICR codes for raipur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!