SBI Kasar Pimpalgaon Ahmednagar Maharashtra MICR CODE

Find MICR Codes for SBI Kasar Pimpalgaon Ahmednagar Maharashtra

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kasar Pimpalgaon
Contact 2428-245024 Ip121917
Bank Details State Bank Of India Kasar Pimpalgaon SBIN0008010
Location Kasar Pimpalgaon, Ahmednagar
City Kasar Pimpalgaon
District Ahmednagar
State Maharashtra
Pincode 414505
Country IN
Address Adinath nagar, tal pathardi, distt ahmednagar, maharashtra 414505
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 414002482 for Kasar Pimpalgaon 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 414002482 of State Bank Of India, Kasar Pimpalgaon branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kasar Pimpalgaon 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 -

>>Kasar Pimpalgaon

MICR code for SBI Kasar Pimpalgaon

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 Kasar Pimpalgaon 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. 414002482 is the MICR code of SBI Bank for Kasar Pimpalgaon branch. MICR code for Kasar Pimpalgaon 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 Kasar Pimpalgaon is presented in the table alongside.

Use of State Bank Of India MICR code for Kasar Pimpalgaon branch in kasar pimpalgaon

The MICR code 414002482 is used in RBI cheque clearing process to identify the branch Kasar Pimpalgaon 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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