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SBI Kollam Kollam Kerala MICR CODE

Find MICR Codes for SBI Kollam Kollam Kerala

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gold Point Kollam
Contact	2768182
Bank Details	State Bank Of India Gold Point Kollam SBIN0070871

Location	Kollam, Kollam
City	Kollam
District	Kollam
State	Kerala
Pincode	691001
Country	IN
Address	Acmeheights, polayathode, kollam691001gpkollamatsbtcoin

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 Gold Point Kollam 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, Gold Point Kollam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Gold Point Kollam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 52 branches of State Bank Of India are available with micr code -

>>Ayathil Junction >>Ayur >>Bharanikavu >>Cac Kollam >>Chadayamanagalam >>Chathanoor >>Chavara >>Chavara >>Clappana >>Commercial Branch Kollam >>Gold Point Kollam >>Kadappakkada >>Kannanalloor >>Kannanallur >>Karicode >>Karunagappally Kollam >>Keralapuram >>Kollam >>Kollam >>Kollam Civil Station >>Kollam Main >>Kollambeach Road >>Kottarakarapulamon Junction >>Kummil >>Kunnicode >>Nallila >>Nri Branch Kollam >>Oachira >>Oyur >>Panachavila >>Parippally >>Pathanapuram >>Pathanapuram >>Psbkadappakkada >>Pulamon >>Punalur >>Puthiyakavu Branch >>Ramankulangara Kollam >>Rasmeccc Kollam >>Rasmeccc Kollam >>Rbo Kollam >>Rbo Sme Kollam >>Rbo Two Kollam >>Rcpc Kollam >>Sme Kollam >>Smeccc Kollam >>Sooranadu >>South Paravoor >>Specialised Nri Branch Kollam >>Thangassery >>Thevally >>Zonal Office Kollam

MICR code for SBI Gold Point Kollam

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 Gold Point Kollam 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 Gold Point Kollam branch. MICR code for Gold Point Kollam 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 Gold Point Kollam is presented in the table alongside.

Use of State Bank Of India MICR code for Gold Point Kollam branch in kollam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gold Point Kollam 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.