SBI Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for SBI Gwalior Gwalior Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	474002006
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	Mayur Market
Contact	0751-2447440 Ip-203426
Bank Details	State Bank Of India Mayur Market SBIN0007933

Location	Gwalior, Gwalior
City	Gwalior
District	Gwalior
State	Madhya Pradesh
Pincode	474011
Country	IN
Address	Gwalior, m.p.-474011

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 474002006 for Mayur Market 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 474002006 of State Bank Of India, Mayur Market branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mayur Market branch, makes the characters readable even if there are other marks and stamps on it.

A total of 50 branches of State Bank Of India are available with micr code -

>>Afs Maharajpur Gwalior >>Agm Sme Ao Gwalior >>Alapur Gwalior >>Baradari Chouraha Morar >>Capc Ao Gwalior >>Centralised Clearing Processing Cell Gwalior >>City Centre Gwalior >>Commercial Branch Gwalior >>D R D E Gwalior >>Dabra >>Dac Gwalior >>Fimm Dshx Gwalior >>Gandhi Road Gwalior >>Gorkhi >>Grmc Gwalior >>Gwalior >>Gwalior >>Gwalior >>Gwalior Main >>Hajira Gwalior >>I.E. Gwalior >>Itm University Campus Gwalior >>Jayendra Ganj Gwalior >>Karhiya >>Krgc Gwalior >>Kulaith >>Laxmiganj Mandi Gwalior >>Madhav Institute Of Technology And Science (Mits) Gwalior >>Mayur Market >>Mela Road(Shakti Nagar) Gwalior >>Mohana >>Morar >>Morar Cantt. Gwalior >>Moti Mahal Gwalior >>Nai Sadak Gwalior >>New Collectorate Gwalior >>Old Gwalior Road Gwalior >>Patel Nagar Gwalior >>Pbb Gwalior >>Rasecc Gwalior >>Rbo 1 Gwalior >>Rcpc Gwalior >>Regional Business Office Ii Gwalior >>Sbiintouch Branch Gwalior >>Service Branch Gwalior >>Sindhi Colony Sikandar Kampoo >>Smeccc Gwalior >>Specialised Currency Administration Branch Gwalior >>Stressed Assets Resolution Centre Gwalior >>Transport Nagar Gwalior

MICR code for SBI Mayur Market

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 Mayur Market 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. 474002006 is the MICR code of SBI Bank for Mayur Market branch. MICR code for Mayur Market 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 Mayur Market is presented in the table alongside.

Use of State Bank Of India MICR code for Mayur Market branch in gwalior

The MICR code 474002006 is used in RBI cheque clearing process to identify the branch Mayur Market 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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