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SBI Kathua Kathua Jammu And Kashmir MICR CODE

Find MICR Codes for SBI Kathua Kathua Jammu And Kashmir

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basholi
Contact 01921-251816
Bank Details State Bank Of India Basholi SBIN0004416
Location Kathua, Kathua
City Kathua
District Kathua
State Jammu And Kashmir
Pincode 184201
Country IN
Address Basohlidisttkathuabasholi
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 184002221 for Basholi 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 184002221 of State Bank Of India, Basholi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Basholi 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 Kathua >>Basholi >>College Road Kathua >>Dayalachak >>Hira Nagar >>Industrial Estate Kathua >>Kalibari Kathua >>R And Db Racc Adb Kathua >>Rajpura >>Sadrota

MICR code for SBI Basholi

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 Basholi 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. 184002221 is the MICR code of SBI Bank for Basholi branch. MICR code for Basholi 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 Basholi is presented in the table alongside.

Use of State Bank Of India MICR code for Basholi branch in kathua

The MICR code 184002221 is used in RBI cheque clearing process to identify the branch Basholi 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.