SBI Manipur Chandel Manipur MICR CODE

Find MICR Codes for SBI Manipur Chandel Manipur

Bank
State
District
City
Branch
Address

MICR Code	795002502
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	Chakpikarong
Contact	03878-242003
Bank Details	State Bank Of India Chakpikarong SBIN0005834

Location	Manipur, Chandel
City	Manipur
District	Chandel
State	Manipur
Pincode	795102
Country	IN
Address	Dist chandel,manipur 795102

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 795002502 for Chakpikarong 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 795002502 of State Bank Of India, Chakpikarong branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Chakpikarong branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Chakpikarong

MICR code for SBI Chakpikarong

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 Chakpikarong 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. 795002502 is the MICR code of SBI Bank for Chakpikarong branch. MICR code for Chakpikarong 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 Chakpikarong is presented in the table alongside.

Use of State Bank Of India MICR code for Chakpikarong branch in manipur

The MICR code 795002502 is used in RBI cheque clearing process to identify the branch Chakpikarong 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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