SBI Sitapur Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for SBI Sitapur Sitapur Uttar Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Master Bagh Sitapur
Contact
Bank Details State Bank Of India Master Bagh Sitapur SBIN0017328
Location Sitapur, Sitapur
City Sitapur
District Sitapur
State Uttar Pradesh
Pincode 261302
Country IN
Address Jodaura master bagh village master bagh post kasmanda dist sitapur uttar pradesh 261302
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 Master Bagh Sitapur 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, Master Bagh Sitapur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Master Bagh Sitapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of State Bank Of India are available with micr code -

>>Binaura >>Biswan >>Biswan Khurd >>Hargaon >>Master Bagh Sitapur >>Racc R And Db Sitapur >>Sidhauli >>Signapur >>Sitapur >>Sitapur >>Sitapur >>Sme Sitapur >>Station Road Sitapur

MICR code for SBI Master Bagh Sitapur

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 Master Bagh Sitapur 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 Master Bagh Sitapur branch. MICR code for Master Bagh Sitapur 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 Master Bagh Sitapur is presented in the table alongside.

Use of State Bank Of India MICR code for Master Bagh Sitapur branch in sitapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Master Bagh Sitapur 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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