SBI Kandasamypalayam Erode Tamil Nadu MICR CODE

Find MICR Codes for SBI Kandasamypalayam Erode Tamil Nadu

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kandasamypalayam
Contact Ip 805565,04204-247640 , 247740
Bank Details State Bank Of India Kandasamypalayam SBIN0005629
Location Kandasamypalayam, Erode
City Kandasamypalayam
District Erode
State Tamil Nadu
Pincode 638109
Country IN
Address District erode, via sivagiri, tamil nadu 638109
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 638002101 for Kandasamypalayam 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 638002101 of State Bank Of India, Kandasamypalayam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kandasamypalayam 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 -

>>Kandasamypalayam

MICR code for SBI Kandasamypalayam

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 Kandasamypalayam 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. 638002101 is the MICR code of SBI Bank for Kandasamypalayam branch. MICR code for Kandasamypalayam 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 Kandasamypalayam is presented in the table alongside.

Use of State Bank Of India MICR code for Kandasamypalayam branch in kandasamypalayam

The MICR code 638002101 is used in RBI cheque clearing process to identify the branch Kandasamypalayam 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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