SBI Sagwara Dungarpur Rajasthan MICR CODE

Find MICR Codes for SBI Sagwara Dungarpur Rajasthan

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jethana
Contact Tel: 02966 - 224240, 224770
Bank Details State Bank Of India Jethana SBIN0006187
Location Sagwara, Dungarpur
City Sagwara
District Dungarpur
State Rajasthan
Pincode 314031
Country IN
Address Sagwaratehsil
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 314002003 for Jethana 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 314002003 of State Bank Of India, Jethana branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Jethana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Jethana >>Sagwara

MICR code for SBI Jethana

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 Jethana 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. 314002003 is the MICR code of SBI Bank for Jethana branch. MICR code for Jethana 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 Jethana is presented in the table alongside.

Use of State Bank Of India MICR code for Jethana branch in sagwara

The MICR code 314002003 is used in RBI cheque clearing process to identify the branch Jethana 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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