SBI Sangrur Sangrur Punjab MICR CODE

Find MICR Codes for SBI Sangrur Sangrur Punjab

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	Malwa Gramin Bank
Contact	241631
Bank Details	State Bank Of India Malwa Gramin Bank SBIN0RRMLGB

Location	Sangrur, Sangrur
City	Sangrur
District	Sangrur
State	Punjab
Pincode	148001
Country	IN
Address	Near barra chowksangrurpunjab 148001

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

A total of 15 branches of State Bank Of India are available with micr code -

>>Balian >>Cac Sangrur >>Dac Sangrur >>District Sales Hub Sangrur >>Ghabdan >>I.A Sangrur >>Ladda Kothi >>Malwa Gramin Bank >>R And Db Racc Sangrur >>Racc Fimm Sangrur >>Sangrur >>Sangrur >>Sangrur Govt Ranbir College >>Sangrur N.G.M. >>Sherpur

MICR code for SBI Malwa Gramin Bank

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 Malwa Gramin Bank 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 Malwa Gramin Bank branch. MICR code for Malwa Gramin Bank 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 Malwa Gramin Bank is presented in the table alongside.

Use of State Bank Of India MICR code for Malwa Gramin Bank branch in sangrur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Malwa Gramin Bank 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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