SBI Giridih Giridih Jharkhand MICR CODE

Find MICR Codes for SBI Giridih Giridih Jharkhand

Bank
State
District
City
Branch
Address

MICR Code	815002501
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	Bagodar
Contact	Ip 750096, 06557-233624, 233000
Bank Details	State Bank Of India Bagodar SBIN0001378

Location	Giridih, Giridih
City	Giridih
District	Giridih
State	Jharkhand
Pincode	825322
Country	IN
Address	Dist giridih, jharkhand 825322

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 815002501 for Bagodar 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 815002501 of State Bank Of India, Bagodar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bagodar 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 -

>>Bagodar >>Cac Giridih >>Dhanwar >>Gandey >>Giridih >>Giridih Bazar >>Isri >>Madhuban >>Pbb Giridih >>Rbo Giridih

MICR code for SBI Bagodar

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 Bagodar 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. 815002501 is the MICR code of SBI Bank for Bagodar branch. MICR code for Bagodar 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 Bagodar is presented in the table alongside.

Use of State Bank Of India MICR code for Bagodar branch in giridih

The MICR code 815002501 is used in RBI cheque clearing process to identify the branch Bagodar 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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