SBI Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for SBI Erode Erode Tamil Nadu

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Brahmana Peria Agraharam
Contact Ip:805406, 0424- 2292810, 2292539, 2292097
Bank Details State Bank Of India Brahmana Peria Agraharam SBIN0002205
Location Erode, Erode
City Erode
District Erode
State Tamil Nadu
Pincode 638005
Country IN
Address 392 bhavani main road distt erode tamil nadu 638005
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 638002003 for Brahmana Peria Agraharam 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 638002003 of State Bank Of India, Brahmana Peria Agraharam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Brahmana Peria Agraharam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Brahmana Peria Agraharam

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 Brahmana Peria Agraharam 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. 638002003 is the MICR code of SBI Bank for Brahmana Peria Agraharam branch. MICR code for Brahmana Peria Agraharam 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 Brahmana Peria Agraharam is presented in the table alongside.

Use of State Bank Of India MICR code for Brahmana Peria Agraharam branch in erode

The MICR code 638002003 is used in RBI cheque clearing process to identify the branch Brahmana Peria Agraharam 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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