SBI Boudh Boudh Orissa MICR CODE

Find MICR Codes for SBI Boudh Boudh Orissa

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghantapada
Contact 878-8249337949
Bank Details State Bank Of India Ghantapada SBIN0065390
Location Boudh, Boudh
City Boudh
District Boudh
State Orissa
Pincode 762018
Country IN
Address At ghantapada main market, po ghantapada, via kantamal, dist boudh,odisha, pin 762018
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 Ghantapada 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, Ghantapada branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ghantapada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of State Bank Of India are available with micr code -

>>Bausuni >>Boudh >>Butupali Adb >>Cac Boudh >>Fi Dsh Boudh >>Ghantapada >>Palasaguda >>Racc Boudh Fimm >>Sahajpal

MICR code for SBI Ghantapada

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

Use of State Bank Of India MICR code for Ghantapada branch in boudh

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