SBI Vizianagaram Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for SBI Vizianagaram Vizianagaram Andhra Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chipurupalli
Contact 08952-283043
Bank Details State Bank Of India Chipurupalli SBIN0000767
Location Vizianagaram, Vizianagaram
City Vizianagaram
District Vizianagaram
State Andhra Pradesh
Pincode 532128
Country IN
Address Dist vizianagaram, a p 532128
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 535002005 for Chipurupalli 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 535002005 of State Bank Of India, Chipurupalli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Chipurupalli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Chipurupalli

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 Chipurupalli 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. 535002005 is the MICR code of SBI Bank for Chipurupalli branch. MICR code for Chipurupalli 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 Chipurupalli is presented in the table alongside.

Use of State Bank Of India MICR code for Chipurupalli branch in vizianagaram

The MICR code 535002005 is used in RBI cheque clearing process to identify the branch Chipurupalli 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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