SBI Malda Malda West Bengal MICR CODE

Find MICR Codes for SBI Malda Malda West Bengal

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jadupur
Contact 03512-252702 Ip- 751109
Bank Details State Bank Of India Jadupur SBIN0006971
Location Malda, Malda
City Malda
District Malda
State West Bengal
Pincode 732103
Country IN
Address Dist, maldastate, west, bengalpin, 732103,
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 732002509 for Jadupur 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 732002509 of State Bank Of India, Jadupur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Jadupur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Jadupur

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 Jadupur 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. 732002509 is the MICR code of SBI Bank for Jadupur branch. MICR code for Jadupur 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 Jadupur is presented in the table alongside.

Use of State Bank Of India MICR code for Jadupur branch in malda

The MICR code 732002509 is used in RBI cheque clearing process to identify the branch Jadupur 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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