Let Others Know
×
LinkedIn
Email
WhatsApp

SBI Gorakhpur Gorakpur Uttar Pradesh MICR CODE

Find MICR Codes for SBI Gorakhpur Gorakpur Uttar Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bashratpur
Contact Bm Mob-9453831886
Bank Details State Bank Of India Bashratpur SBIN0011188
Location Gorakhpur, Gorakpur
City Gorakhpur
District Gorakpur
State Uttar Pradesh
Pincode
Country IN
Address Dist gorakhpur,up
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 273002099 for Bashratpur 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 273002099 of State Bank Of India, Bashratpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bashratpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Bashratpur

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 Bashratpur 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. 273002099 is the MICR code of SBI Bank for Bashratpur branch. MICR code for Bashratpur 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 Bashratpur is presented in the table alongside.

Use of State Bank Of India MICR code for Bashratpur branch in gorakhpur

The MICR code 273002099 is used in RBI cheque clearing process to identify the branch Bashratpur 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.