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SBP Bank Patran Patiala Punjab MICR CODE

Find MICR Codes for SBP Bank Patran Patiala Punjab

MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patran
Contact 01764-242022
Bank Details State Bank Of Patiala Patran STBP0000024
Location Patran, Patiala
City Patran
District Patiala
State Punjab
Pincode 147105
Country IN
Address Patran(punjab)
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 SBP Bank MICR Codes in patiala

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

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

>>Patran

How to find MICR codes for SBP Bank in patran?

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

State Bank Of Patiala MICR code in patran

SBP Bank MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of Patiala MICR code for patran 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 SBP Bank branches in patran, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does SBP Bank MICR code for patran 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 SBP Bank patran 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 Patiala patran branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of SBP Bank MICR codes for patran branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!