SBI Dewas Dewas Madhya Pradesh MICR CODE

Find MICR Codes for SBI Dewas Dewas Madhya Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Adb Bagli
Contact Ip-121026, 07271-275432
Bank Details State Bank Of India Adb Bagli SBIN0005860
Location Dewas, Dewas
City Dewas
District Dewas
State Madhya Pradesh
Pincode 455227
Country IN
Address Dewas madhya pradesh 455227
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 455002021 for Adb Bagli 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 455002021 of State Bank Of India, Adb Bagli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Adb Bagli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of State Bank Of India are available with micr code -

>>Adb Bagli >>Bnp Dewas >>Cac Dewas >>Dewas >>Hat Pipaliya >>Industrial Finance Br. Dewas >>Mini Racpc Dewas >>Pbb Dewas >>Racc Dewas R And Db >>Rcpc Dewas >>Ujjain Road Dewas

MICR code for SBI Adb Bagli

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 Bagli 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. 455002021 is the MICR code of SBI Bank for Adb Bagli branch. MICR code for Adb Bagli 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 Bagli is presented in the table alongside.

Use of State Bank Of India MICR code for Adb Bagli branch in dewas

The MICR code 455002021 is used in RBI cheque clearing process to identify the branch Adb Bagli 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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