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SBI New Delhi Delhi New Delhi MICR CODE

Find MICR Codes for SBI New Delhi Delhi New Delhi

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch District Courts Complex Saket New Delhi
Contact 9990725065
Bank Details State Bank Of India District Courts Complex Saket New Delhi SBIN0014244
Location New Delhi, Delhi
City New Delhi
District Delhi
State New Delhi
Pincode 110017
Country IN
Address New delhi , dist:delhi-110017
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 District Courts Complex Saket New Delhi 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, District Courts Complex Saket New Delhi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for District Courts Complex Saket New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI District Courts Complex Saket New Delhi

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 District Courts Complex Saket New Delhi 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 District Courts Complex Saket New Delhi branch. MICR code for District Courts Complex Saket New Delhi 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 District Courts Complex Saket New Delhi is presented in the table alongside.

Use of State Bank Of India MICR code for District Courts Complex Saket New Delhi branch in new delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch District Courts Complex Saket New Delhi 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.