SBI Hoskote Bangalore Rural Karnataka MICR CODE

Find MICR Codes for SBI Hoskote Bangalore Rural Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560002088
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	Hoskote Adb
Contact	080-7931278,7935338
Bank Details	State Bank Of India Hoskote Adb SBIN0001808

Location	Hoskote, Bangalore Rural
City	Hoskote
District	Bangalore Rural
State	Karnataka
Pincode	562114
Country	IN
Address	T g extension, hoskote, distt. Bangalore rural ,karnataka 562 114

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 560002088 for Hoskote Adb 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 560002088 of State Bank Of India, Hoskote Adb branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Hoskote Adb 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 -

>>Hoskote Adb

MICR code for SBI Hoskote Adb

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 Hoskote Adb 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. 560002088 is the MICR code of SBI Bank for Hoskote Adb branch. MICR code for Hoskote Adb 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 Hoskote Adb is presented in the table alongside.

Use of State Bank Of India MICR code for Hoskote Adb branch in hoskote

The MICR code 560002088 is used in RBI cheque clearing process to identify the branch Hoskote Adb 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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