SBI Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for SBI Dharwad Dharwad Karnataka

Bank
State
District
City
Branch
Address

MICR Code	581002113
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	Kundagol
Contact	9448993347
Bank Details	State Bank Of India Kundagol SBIN0011276

Location	Dharwad, Dharwad
City	Dharwad
District	Dharwad
State	Karnataka
Pincode	581113
Country	IN
Address	Station road,kundagoldistt dharwadkarnataka 581 113

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 581002113 for Kundagol 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 581002113 of State Bank Of India, Kundagol branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Kundagol branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of State Bank Of India are available with micr code -

>>Alanavar >>Belur Industrial Estate >>Dharwad >>Dharward >>Dr Bendre Road Branch >>Gandinagar Dharwad >>Gokul Road Hubli >>Hosayellapur Dharwad >>Hubli >>K.U.C.Campus Dharwad >>Kalghatagi >>Keshavapur >>Kundagol >>Maratha Colony Dharwad >>Murdeshwar >>Sbild Dharwad >>Vijaya Road Dharwad

MICR code for SBI Kundagol

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 Kundagol 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. 581002113 is the MICR code of SBI Bank for Kundagol branch. MICR code for Kundagol 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 Kundagol is presented in the table alongside.

Use of State Bank Of India MICR code for Kundagol branch in dharwad

The MICR code 581002113 is used in RBI cheque clearing process to identify the branch Kundagol 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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