SBI Gospadu Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for SBI Gospadu Kurnool Andhra Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gospadu
Contact 9866458010
Bank Details State Bank Of India Gospadu SBIN0011991
Location Gospadu, Kurnool
City Gospadu
District Kurnool
State Andhra Pradesh
Pincode 518593
Country IN
Address House no 5 by 23,gospadu,gospadu mandal,kurnool dist 518593
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 518002593 for Gospadu 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 518002593 of State Bank Of India, Gospadu branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Gospadu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Gospadu

MICR code for SBI Gospadu

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 Gospadu 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. 518002593 is the MICR code of SBI Bank for Gospadu branch. MICR code for Gospadu 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 Gospadu is presented in the table alongside.

Use of State Bank Of India MICR code for Gospadu branch in gospadu

The MICR code 518002593 is used in RBI cheque clearing process to identify the branch Gospadu 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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