SBI Amreli Amrela Gujarat MICR CODE

Find MICR Codes for SBI Amreli Amrela Gujarat

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Library Chowk
Contact 02792-223545 Fax-220163 Ip No-6157481
Bank Details State Bank Of India Library Chowk SBIN0060030
Location Amreli, Amrela
City Amreli
District Amrela
State Gujarat
Pincode 365601
Country IN
Address Library chowk,dr jivraj mehta road,sakarwada,amreli 365601
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 365002002 for Library Chowk 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 365002002 of State Bank Of India, Library Chowk branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Library Chowk branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Library Chowk

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 Library Chowk 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. 365002002 is the MICR code of SBI Bank for Library Chowk branch. MICR code for Library Chowk 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 Library Chowk is presented in the table alongside.

Use of State Bank Of India MICR code for Library Chowk branch in amreli

The MICR code 365002002 is used in RBI cheque clearing process to identify the branch Library Chowk 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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