SBI Akot Akola Maharashtra MICR CODE

Find MICR Codes for SBI Akot Akola Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	444002462
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Adb Akot
Contact	07258-222117, 220638
Bank Details	State Bank Of India Adb Akot SBIN0003296

Location	Akot, Akola
City	Akot
District	Akola
State	Maharashtra
Pincode	444101
Country	IN
Address	Dist akola, maharashtra 444101

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 444002462 for Adb Akot 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 444002462 of State Bank Of India, Adb Akot branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Adb Akot branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Adb Akot >>Akot

MICR code for SBI Adb Akot

SBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of India MICR code for Adb Akot 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. 444002462 is the MICR code of SBI Bank for Adb Akot branch. MICR code for Adb Akot 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 State Bank Of India Adb Akot is presented in the table alongside.

Use of State Bank Of India MICR code for Adb Akot branch in akot

The MICR code 444002462 is used in RBI cheque clearing process to identify the branch Adb Akot and State Bank Of India 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 SBI Bank is typically in either of these two font’s: E-138 and CMC-7.

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