SBI Koriya Koriya Chhattisgarh MICR CODE

Find MICR Codes for SBI Koriya Koriya Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	497002341
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	Chirmiri
Contact	Ip: 206554
Bank Details	State Bank Of India Chirmiri SBIN0003811

Location	Koriya, Koriya
City	Koriya
District	Koriya
State	Chhattisgarh
Pincode	497449
Country	IN
Address	Dist koriya chhattisgarh 497449

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 497002341 for Chirmiri 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 497002341 of State Bank Of India, Chirmiri branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Chirmiri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of State Bank Of India are available with micr code -

>>Baikunthpur >>Chirmiri >>Janakpur >>Kurasia

MICR code for SBI Chirmiri

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 Chirmiri 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. 497002341 is the MICR code of SBI Bank for Chirmiri branch. MICR code for Chirmiri 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 Chirmiri is presented in the table alongside.

Use of State Bank Of India MICR code for Chirmiri branch in koriya

The MICR code 497002341 is used in RBI cheque clearing process to identify the branch Chirmiri 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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