SBI Balaghat Balaghat Madhya Pradesh MICR CODE

Find MICR Codes for SBI Balaghat Balaghat Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	481002015
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	Hirri
Contact	Ip: 121714, 07632-246619
Bank Details	State Bank Of India Hirri SBIN0006962

Location	Balaghat, Balaghat
City	Balaghat
District	Balaghat
State	Madhya Pradesh
Pincode	481115
Country	IN
Address	Balaghat, m p 481115

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 481002015 for Hirri 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 481002015 of State Bank Of India, Hirri branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Hirri 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 -

>>Balaghat >>Cac Balaghat >>Hirri >>Lamta >>Lamta Road Baihar >>Mohgaon >>Station Road Balaghat >>Subhash Chowk Balaghat >>Waraseoni

MICR code for SBI Hirri

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 Hirri 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. 481002015 is the MICR code of SBI Bank for Hirri branch. MICR code for Hirri 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 Hirri is presented in the table alongside.

Use of State Bank Of India MICR code for Hirri branch in balaghat

The MICR code 481002015 is used in RBI cheque clearing process to identify the branch Hirri 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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