SBI Jamnagar Jamnagar Gujarat MICR CODE

Find MICR Codes for SBI Jamnagar Jamnagar Gujarat

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dwaraka
Contact 02892-234049 Fax-235772 Ip No-6154521
Bank Details State Bank Of India Dwaraka SBIN0060090
Location Jamnagar, Jamnagar
City Jamnagar
District Jamnagar
State Gujarat
Pincode 361335
Country IN
Address Opp vegetable market post bag no1,dwaraka 361335
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 361002020 for Dwaraka 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 361002020 of State Bank Of India, Dwaraka branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Dwaraka branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Dwaraka

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 Dwaraka 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. 361002020 is the MICR code of SBI Bank for Dwaraka branch. MICR code for Dwaraka 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 Dwaraka is presented in the table alongside.

Use of State Bank Of India MICR code for Dwaraka branch in jamnagar

The MICR code 361002020 is used in RBI cheque clearing process to identify the branch Dwaraka 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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