SBI Kadapa Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for SBI Kadapa Cuddapah Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	516002045
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	Balapanur
Contact	08568-238731,213600
Bank Details	State Bank Of India Balapanur SBIN0003770

Location	Kadapa, Cuddapah
City	Kadapa
District	Cuddapah
State	Andhra Pradesh
Pincode	516484
Country	IN
Address	Dist kadapa, a p 516484

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 516002045 for Balapanur 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 516002045 of State Bank Of India, Balapanur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Balapanur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of State Bank Of India are available with micr code -

>>Balapanur >>China Chowk Kadapa >>Chinnamandem >>Cuddapah >>Duvvur >>Kadapa Bazar >>Kadapa Treasury Kadapa >>Kodur >>Kondapuram >>Madhavaram >>Penagalur >>Pulivendla >>Rajiv Gandhi Inst Of Med Sciences >>Y V University Cuddapah >>Yerramukkapalli

MICR code for SBI Balapanur

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 Balapanur 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. 516002045 is the MICR code of SBI Bank for Balapanur branch. MICR code for Balapanur 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 Balapanur is presented in the table alongside.

Use of State Bank Of India MICR code for Balapanur branch in kadapa

The MICR code 516002045 is used in RBI cheque clearing process to identify the branch Balapanur 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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