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SBI Malda Malda West Bengal MICR CODE

Find MICR Codes for SBI Malda Malda West Bengal

Bank
State
District
City
Branch
Address

MICR Code	732002102
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	Malda
Contact	502496 Tel- 03512-252371
Bank Details	State Bank Of India Malda SBIN0000129

Location	Malda, Malda
City	Malda
District	Malda
State	West Bengal
Pincode	732101
Country	IN
Address	Po. Malda,west bengal,pin732101

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 732002102 for Malda 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 732002102 of State Bank Of India, Malda branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Malda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of State Bank Of India are available with micr code -

>>Aiho >>Alampur >>Arapur Kotwali >>Baishnabnagar >>Balurpur Hat Village Br >>Borokamath Sab >>Bulbulchandi >>Dhangara Sab >>Drm Office Malda >>Fimm Racc Malda >>Jadupur >>Kahala >>Makdumpur >>Malda >>Malda Fimm Dsh >>Malda Medical College >>Mashalda Bazar >>Milki >>Nalagola >>Old Malda >>R And Db Racc Malda >>Rathbari >>Regional Business Office >>Santoshpur >>Sme Branch Malda >>Talbhakuria Sab >>Uttar Lakshmipur Sab

MICR code for SBI Malda

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 Malda 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. 732002102 is the MICR code of SBI Bank for Malda branch. MICR code for Malda 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 Malda is presented in the table alongside.

Use of State Bank Of India MICR code for Malda branch in malda

The MICR code 732002102 is used in RBI cheque clearing process to identify the branch Malda 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.