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SBI Korba Korba Chhattisgarh MICR CODE

Find MICR Codes for SBI Korba Korba Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	495002303
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	Balco Town Ship Korba
Contact	07759-242416 07759-241546 Ip-206416
Bank Details	State Bank Of India Balco Town Ship Korba SBIN0002819

Location	Korba, Korba
City	Korba
District	Korba
State	Chhattisgarh
Pincode	495682
Country	IN
Address	Balco township, korba, chattisgarh, 495682

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 495002303 for Balco Town Ship Korba 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 495002303 of State Bank Of India, Balco Town Ship Korba branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Balco Town Ship Korba branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of State Bank Of India are available with micr code -

>>Balco Town Ship Korba >>Banki Mogra >>Barpali >>Cac Korba >>Cseb Korba >>Dhelwadih >>Document Archival Centre Korba >>Fimm Dshxvi Korba >>G.S.House Old Bus Stand Korba >>Gevra Project >>Iti Colony >>Korba >>Korba City >>Kusmunda >>Manikpur >>Morga >>Mp Nagar Korba >>Ntpct Jamnipali Korba >>Ompur >>Pali >>Pondiuprora >>R B O Korba >>Racc Korba Fi And Mm >>West Korba

MICR code for SBI Balco Town Ship Korba

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 Balco Town Ship Korba 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. 495002303 is the MICR code of SBI Bank for Balco Town Ship Korba branch. MICR code for Balco Town Ship Korba 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 Balco Town Ship Korba is presented in the table alongside.

Use of State Bank Of India MICR code for Balco Town Ship Korba branch in korba

The MICR code 495002303 is used in RBI cheque clearing process to identify the branch Balco Town Ship Korba 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.