SBI Bareilly Ernakulam Kerala MICR CODE

Find MICR Codes for SBI Bareilly Ernakulam Kerala

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Green Park(Bareilly)
Contact Mob:9412738616
Bank Details State Bank Of India Green Park(Bareilly) SBIN0010317
Location Bareilly, Ernakulam
City Bareilly
District Ernakulam
State Kerala
Pincode 243006
Country IN
Address Opp. Rohilkhand university, main gate, pilibhit road, bareilly, u.p.
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 243002023 for Green Park(Bareilly) 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 243002023 of State Bank Of India, Green Park(Bareilly) branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Green Park(Bareilly) 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 -

>>Green Park(Bareilly)

MICR code for SBI Green Park(Bareilly)

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 Green Park(Bareilly) 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. 243002023 is the MICR code of SBI Bank for Green Park(Bareilly) branch. MICR code for Green Park(Bareilly) 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 Green Park(Bareilly) is presented in the table alongside.

Use of State Bank Of India MICR code for Green Park(Bareilly) branch in bareilly

The MICR code 243002023 is used in RBI cheque clearing process to identify the branch Green Park(Bareilly) 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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