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SBI Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for SBI Bhubaneswar Khurda Orissa

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Khaira
Contact	9937367080
Bank Details	State Bank Of India Khaira SBIN0018488

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode	756048
Country	IN
Address	At and post-khaira, dist.balasore, orissa-756048

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 0 for Khaira 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 0 of State Bank Of India, Khaira branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Khaira branch, makes the characters readable even if there are other marks and stamps on it.

A total of 60 branches of State Bank Of India are available with micr code -

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MICR code for SBI Khaira

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 Khaira 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. 0 is the MICR code of SBI Bank for Khaira branch. MICR code for Khaira 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 Khaira is presented in the table alongside.

Use of State Bank Of India MICR code for Khaira branch in bhubaneswar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Khaira 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.