SBI Rajahmundry East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for SBI Rajahmundry East Godavari Andhra Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Danavaipet
Contact 0883-2466860/2467482 ip-903486
Bank Details State Bank Of India Danavaipet SBIN0007170
Location Rajahmundry, East Godavari
City Rajahmundry
District East Godavari
State Andhra Pradesh
Pincode 533103
Country IN
Address Danavaipeta, rajahmundry, east godavari, ap
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 533002005 for Danavaipet 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 533002005 of State Bank Of India, Danavaipet branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Danavaipet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of State Bank Of India are available with micr code -

>>App Mills >>Cac Rajahmundry >>Danavaipet >>Dowlaiswaram >>Gangavaram >>Morampudi Jn >>Pbb Rajahmundry >>Pushkarghat Rajahmundry >>Rajahmundry >>Rajamundry Bazar >>Stadium Road Rajahmundry >>Thadithota

MICR code for SBI Danavaipet

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 Danavaipet 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. 533002005 is the MICR code of SBI Bank for Danavaipet branch. MICR code for Danavaipet 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 Danavaipet is presented in the table alongside.

Use of State Bank Of India MICR code for Danavaipet branch in rajahmundry

The MICR code 533002005 is used in RBI cheque clearing process to identify the branch Danavaipet 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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