SBI Lasalgaon Nashik Maharashtra MICR CODE

Find MICR Codes for SBI Lasalgaon Nashik Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	422002675
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	Lasalgaon
Contact	02550-266045, 268490
Bank Details	State Bank Of India Lasalgaon SBIN0001963

Location	Lasalgaon, Nashik
City	Lasalgaon
District	Nashik
State	Maharashtra
Pincode	422306
Country	IN
Address	Mail compound, tal niphad, t nasik, maharashtra 422306

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 422002675 for Lasalgaon 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 422002675 of State Bank Of India, Lasalgaon branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Lasalgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Lasalgaon

MICR code for SBI Lasalgaon

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 Lasalgaon 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. 422002675 is the MICR code of SBI Bank for Lasalgaon branch. MICR code for Lasalgaon 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 Lasalgaon is presented in the table alongside.

Use of State Bank Of India MICR code for Lasalgaon branch in lasalgaon

The MICR code 422002675 is used in RBI cheque clearing process to identify the branch Lasalgaon 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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