SBI Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for SBI Cuttack Cuttack Orissa

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cuttack
Contact 2303501
Bank Details State Bank Of India Cuttack SBIN0032660
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753001
Country IN
Address Iehc building, infront of buckley girls high school, mission road, cuttack-753001
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cuttack
Contact 2412800
Bank Details State Bank Of India Cuttack SBIN0041081
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753001
Country IN
Address Plot no 2406 h ground floor h no 117 near jp das heart clinic ranihat cuttack 753001
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 Cuttack 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, Cuttack branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Cuttack branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Cuttack

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 Cuttack 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 Cuttack branch. MICR code for Cuttack 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 Cuttack is presented in the table alongside.

Use of State Bank Of India MICR code for Cuttack branch in cuttack

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