SBI Ahmednagar Ahmednagar Maharashtra MICR CODE

Find MICR Codes for SBI Ahmednagar Ahmednagar Maharashtra

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	Kotul
Contact	7875559107
Bank Details	State Bank Of India Kotul SBIN0018381

Location	Ahmednagar, Ahmednagar
City	Ahmednagar
District	Ahmednagar
State	Maharashtra
Pincode	422601
Country	IN
Address	Mauli complx, khat phat naka,p.primary school, kotul, tal-akole,ahmednagar, maharastra-422601

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

A total of 20 branches of State Bank Of India are available with micr code -

>>Ahmednagar >>Ahmednagar >>Ahmednagar Camp >>Armoured Corp Centre And School Ahmednagar >>Chaupati Karanja (Ahmednagar) >>Dsh Ahmednagar >>Fimm Racc Ahmednagar >>Gulmohar Road >>Kotul >>Kukana >>Mechanized Infantry Regimental Centremirc >>Midc Area Ahmednagar >>Mini Racpc Ahmednagar >>Nagapur Branch Ahmednagar >>Pipe Line Road Ahmednagar >>R And D B Racc Savedi >>Rcpc Ahmednagar >>Shirdi >>Sme Ahmednagar >>Sme Shrirampur Branch Ahmednagar

MICR code for SBI Kotul

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 Kotul 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 Kotul branch. MICR code for Kotul 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 Kotul is presented in the table alongside.

Use of State Bank Of India MICR code for Kotul branch in ahmednagar

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