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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 of State Bank Of India, branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Ashok Vihar >>C.A.C. Janakpuri >>Cac New Delhi >>Cag New Delhi >>Capc Lho New Delhi >>Central Road Research Centre New Delhi >>Chandni Chowk >>Commercial Branch Nehru Place New Delhi >>Dap New Delhi >>Dps R.Kpuram >>Dwaraka >>Epfo Sector 23 Dwarka New Delhi >>Escorts Heart Institute >>Faridabad >>Fslo New Delhi >>Ifb New Delhi >>Jnu New Campus >>K G Marg >>Kailash Colony New Delhi >>Karolbagh >>Kohat Enclave Pitampura >>Krishna Nagar >>Lal Kuan >>Lok Vihar >>Mawana >>Mawana Road Meerut >>Maya Enclave Mayapuri >>Mayur Vihar Phase Iii >>Mid Corporate Group Regional Office Ii New Delhi >>Mid Corporate Region New Delhi >>Nangloi >>National Institute Of Health And Family Welfare >>Nauroji Nagar >>Ndmc >>Nehru Place >>Nsit New Delhi >>Oa And Pd Ac Cc >>Oad Ro Delhi >>Overseas Branch New Delhi >>P And Sb Kg Marg >>P.S.E.C. Narora >>Pallavpuram >>Prasar Bharti Branch New Delhi >>Raja Garden Chowk New Delhi >>Rajauri Garden >>Rbo Four Delhi >>Rbo One Delhi >>Rbo Two Delhi >>Rohini Sec 1 2 >>Rohini Sec 24 >>Samb New Delhi >>Sambii >>Samro New Delhi >>Samro North >>Sangam Vihar >>School Of Open Learning Delhi University >>Scope Complex >>Sector 11 Dwarka New Delhi >>Sector 3 7 Rohini >>Sector 7 Dwarka New Delhi >>Sector One Zero Seven Noida >>Service Branch New Delhi >>Shalimar Bagh >>Shalimar Bagh >>Shastri Nagar >>Sme Bawana >>Smecc Deepak Bldg >>Togore Garden New Delhi >>Vasant Kunj Mall >>Vikas Marg >>West Patel Nagar
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 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. is the MICR code of SBI Bank for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch 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.