SBI Tonk Tonk Rajasthan MICR CODE

Find MICR Codes for SBI Tonk Tonk Rajasthan

Bank
State
District
City
Branch
Address

MICR Code	304002021
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	I.E Newai
Contact	Ip.340260, Phone-01438-223917
Bank Details	State Bank Of India I.E Newai SBIN0007259

Location	Tonk, Tonk
City	Tonk
District	Tonk
State	Rajasthan
Pincode	304021
Country	IN
Address	P.o. Newai, tonk, rajasthan - 304021

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 304002021 for I.E Newai 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 304002021 of State Bank Of India, I.E Newai branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for I.E Newai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of State Bank Of India are available with micr code -

>>Banasthali Tonk >>I.E Newai >>Mini Racpc Tonk >>Tonk >>Tonk >>Treasury Bldg Tonk

MICR code for SBI I.E Newai

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 I.E Newai 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. 304002021 is the MICR code of SBI Bank for I.E Newai branch. MICR code for I.E Newai 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 I.E Newai is presented in the table alongside.

Use of State Bank Of India MICR code for I.E Newai branch in tonk

The MICR code 304002021 is used in RBI cheque clearing process to identify the branch I.E Newai 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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