SBI Koppal Koppal Karnataka MICR CODE

Find MICR Codes for SBI Koppal Koppal Karnataka

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koppal
Contact 08359-222446
Bank Details State Bank Of India Koppal SBIN0004277
Location Koppal, Koppal
City Koppal
District Koppal
State Karnataka
Pincode 583231
Country IN
Address Jawahar rd, clock tower circle, koppal, karnataka
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koppal
Contact 220872
Bank Details State Bank Of India Koppal SBIN0040674
Location Koppal, Koppal
City Koppal
District Koppal
State Karnataka
Pincode
Country IN
Address Hotel mallika comp koppal,kar
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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 583002001 for Koppal 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 583002001 of State Bank Of India, Koppal branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Koppal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 25 branches of State Bank Of India are available with micr code -

>>Alwandi >>Anegundi >>Bhagyanagar >>District Sales Hub Koppal >>Gangavathi >>Gangavati Adb >>Ginigera >>Hanamsagar >>Huligeri >>Hulihyder >>Kanakagiri >>Karatagi >>Karatgi >>Kinnal >>Koppal >>Koppal >>Koppal >>Kuknoor >>Kushtgi >>Lebgera >>Mustur >>Talkal >>Tavaragere >>Treasury Branch >>Yelburga

MICR code for SBI Koppal

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 Koppal 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. 583002001 is the MICR code of SBI Bank for Koppal branch. MICR code for Koppal 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 Koppal is presented in the table alongside.

Use of State Bank Of India MICR code for Koppal branch in koppal

The MICR code 583002001 is used in RBI cheque clearing process to identify the branch Koppal 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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