SBI Jedcherla Mahaboobnagar Andhra Pradesh MICR CODE

Find MICR Codes for SBI Jedcherla Mahaboobnagar Andhra Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jedcherla
Contact 9989639523
Bank Details State Bank Of India Jedcherla SBIN0012715
Location Jedcherla, Mahaboobnagar
City Jedcherla
District Mahaboobnagar
State Andhra Pradesh
Pincode 509301
Country IN
Address Jedcherla, signal gadda road, badepally, jedcherla, distmahaboobnagar509301
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 509002301 for Jedcherla 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 509002301 of State Bank Of India, Jedcherla branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Jedcherla 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 -

>>Jedcherla

MICR code for SBI Jedcherla

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 Jedcherla 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. 509002301 is the MICR code of SBI Bank for Jedcherla branch. MICR code for Jedcherla 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 Jedcherla is presented in the table alongside.

Use of State Bank Of India MICR code for Jedcherla branch in jedcherla

The MICR code 509002301 is used in RBI cheque clearing process to identify the branch Jedcherla 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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