SBI Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for SBI Coimbatore Coimbotore Tamil Nadu

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore Main
Contact 2392375
Bank Details State Bank Of India Coimbatore Main SBIN0070006
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641029
Country IN
Address No15, snvashirvadh, state bank road, 641018
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 0 for Coimbatore Main 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 0 of State Bank Of India, Coimbatore Main branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Coimbatore Main branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Coimbatore Main

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 Coimbatore Main 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. 0 is the MICR code of SBI Bank for Coimbatore Main branch. MICR code for Coimbatore Main 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 Coimbatore Main is presented in the table alongside.

Use of State Bank Of India MICR code for Coimbatore Main branch in coimbatore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Coimbatore Main 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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