SBI Guntakal Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for SBI Guntakal Anantapur Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	515002043
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	Bazar Branch Guntakal.
Contact	Nil
Bank Details	State Bank Of India Bazar Branch Guntakal. SBIN0013021

Location	Guntakal, Anantapur
City	Guntakal
District	Anantapur
State	Andhra Pradesh
Pincode	515801
Country	IN
Address	Bazar branch, guntakal., d. No. 16/ 108 a, slv theatre road,opp. Slv theatre,guntakal, dist:anantapur-515801

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 515002043 for Bazar Branch Guntakal. 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 515002043 of State Bank Of India, Bazar Branch Guntakal. branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bazar Branch Guntakal. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Bazar Branch Guntakal. >>Currency Administration Cellguntakal

MICR code for SBI Bazar Branch Guntakal.

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 Bazar Branch Guntakal. 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. 515002043 is the MICR code of SBI Bank for Bazar Branch Guntakal. branch. MICR code for Bazar Branch Guntakal. 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 Bazar Branch Guntakal. is presented in the table alongside.

Use of State Bank Of India MICR code for Bazar Branch Guntakal. branch in guntakal

The MICR code 515002043 is used in RBI cheque clearing process to identify the branch Bazar Branch Guntakal. 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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