SBI Wardha Wardha Maharashtra MICR CODE

Find MICR Codes for SBI Wardha Wardha Maharashtra

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hinganghat
Contact 07153-244079, 248941
Bank Details State Bank Of India Hinganghat SBIN0000382
Location Wardha, Wardha
City Wardha
District Wardha
State Maharashtra
Pincode 442301
Country IN
Address Gandhi ward, hinganghat, wardha, maharashtra
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 442002868 for Hinganghat 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 442002868 of State Bank Of India, Hinganghat branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Hinganghat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of State Bank Of India are available with micr code -

>>Arvi >>Cac Wardha >>Civil Lines Try. Wardha >>Hinganghat >>Mini Racpc Wardha >>Pulgaon >>Pulgaon >>R And Db Racc Wardha >>Sbiintouch Wardha >>Shivaji Chowk Wardha >>Wardha >>Wardha

MICR code for SBI Hinganghat

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 Hinganghat 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. 442002868 is the MICR code of SBI Bank for Hinganghat branch. MICR code for Hinganghat 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 Hinganghat is presented in the table alongside.

Use of State Bank Of India MICR code for Hinganghat branch in wardha

The MICR code 442002868 is used in RBI cheque clearing process to identify the branch Hinganghat 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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