SBI Gadarwa Narsingpur Madhya Pradesh MICR CODE

Find MICR Codes for SBI Gadarwa Narsingpur Madhya Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hospital Road Gadarwara
Contact Tel: 07791-256536 / 256636
Bank Details State Bank Of India Hospital Road Gadarwara SBIN0012273
Location Gadarwa, Narsingpur
City Gadarwa
District Narsingpur
State Madhya Pradesh
Pincode 487551
Country IN
Address Hospital road gadarwa,tahsil gadarwara,distt narsinghpur,487551
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 487002014 for Hospital Road Gadarwara 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 487002014 of State Bank Of India, Hospital Road Gadarwara branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Hospital Road Gadarwara 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 -

>>Hospital Road Gadarwara

MICR code for SBI Hospital Road Gadarwara

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 Hospital Road Gadarwara 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. 487002014 is the MICR code of SBI Bank for Hospital Road Gadarwara branch. MICR code for Hospital Road Gadarwara 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 Hospital Road Gadarwara is presented in the table alongside.

Use of State Bank Of India MICR code for Hospital Road Gadarwara branch in gadarwa

The MICR code 487002014 is used in RBI cheque clearing process to identify the branch Hospital Road Gadarwara 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.

Copied!