SBI Rayagada Rayagada Orissa MICR CODE

Find MICR Codes for SBI Rayagada Rayagada Orissa

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Adb Rayagada
Contact 06856-2221136/ 224610
Bank Details State Bank Of India Adb Rayagada SBIN0003068
Location Rayagada, Rayagada
City Rayagada
District Rayagada
State Orissa
Pincode 765001
Country IN
Address Dist rayagada, orissa 765 001
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 765002002 for Adb Rayagada 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 765002002 of State Bank Of India, Adb Rayagada branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Adb Rayagada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of India are available with micr code -

>>Adb Rayagada >>Cac Rayagada >>Fi Dsh Rayagada >>Komatalapeta Branch >>Racc Rayagada R And Db >>Ramanaguda Branch >>Rayagada >>Sme Rayagada >>Station Road Rayagada >>Tikiri

MICR code for SBI Adb Rayagada

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 Rayagada 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. 765002002 is the MICR code of SBI Bank for Adb Rayagada branch. MICR code for Adb Rayagada 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 Rayagada is presented in the table alongside.

Use of State Bank Of India MICR code for Adb Rayagada branch in rayagada

The MICR code 765002002 is used in RBI cheque clearing process to identify the branch Adb Rayagada 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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