SBI Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for SBI Gurgaon Gurgaon Haryana

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maruti Udyog Ltd Gurgaon
Contact 2342386
Bank Details State Bank Of India Maruti Udyog Ltd Gurgaon SBIN0070623
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122001
Country IN
Address Pbno9, palamgurgaonroad, gurgaonpo122015mulatsbtcoin
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 110009006 for Maruti Udyog Ltd Gurgaon 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 110009006 of State Bank Of India, Maruti Udyog Ltd Gurgaon branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Maruti Udyog Ltd Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Maruti Udyog Ltd Gurgaon

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 Maruti Udyog Ltd Gurgaon 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. 110009006 is the MICR code of SBI Bank for Maruti Udyog Ltd Gurgaon branch. MICR code for Maruti Udyog Ltd Gurgaon 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 Maruti Udyog Ltd Gurgaon is presented in the table alongside.

Use of State Bank Of India MICR code for Maruti Udyog Ltd Gurgaon branch in gurgaon

The MICR code 110009006 is used in RBI cheque clearing process to identify the branch Maruti Udyog Ltd Gurgaon 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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