SBI Rourkela Surendranagar Orissa MICR CODE

Find MICR Codes for SBI Rourkela Surendranagar Orissa

Bank
State
District
City
Branch
Address

MICR Code	769002103
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	Koelnagar
Contact	Ip-652486, 0661-2476061, 2472922
Bank Details	State Bank Of India Koelnagar SBIN0006621

Location	Rourkela, Surendranagar
City	Rourkela
District	Surendranagar
State	Orissa
Pincode	769014
Country	IN
Address	Koelnagar, rourkela sundargarh pin - 769014

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 769002103 for Koelnagar 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 769002103 of State Bank Of India, Koelnagar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Koelnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of State Bank Of India are available with micr code -

>>Balijhudi >>Commercial Branch Rourkela >>Daily Market Evening Rourkela >>Jalda >>Kalunga Adb Rourkela >>Koelnagar >>Nit Rourkela >>Panposh >>Rourkela >>Rourkela Fertiliser Township >>Rourkela Industrial Estate >>Rourkela Township >>Sector 14 Rourkela >>Sector I Rourkela >>Uditnagar

MICR code for SBI Koelnagar

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 Koelnagar 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. 769002103 is the MICR code of SBI Bank for Koelnagar branch. MICR code for Koelnagar 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 Koelnagar is presented in the table alongside.

Use of State Bank Of India MICR code for Koelnagar branch in rourkela

The MICR code 769002103 is used in RBI cheque clearing process to identify the branch Koelnagar 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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