SBI Nalanda Nalanda Bihar MICR CODE

Find MICR Codes for SBI Nalanda Nalanda Bihar

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	Mini Racpc Nalanda
Contact	0
Bank Details	State Bank Of India Mini Racpc Nalanda SBIN0064475

Location	Nalanda, Nalanda
City	Nalanda
District	Nalanda
State	Bihar
Pincode	803101
Country	IN
Address	Opposite sbi bihar sharif main branch building, 1st floor, nai - sarai, biharsharif, nalanda, pin 803101

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

A total of 3 branches of State Bank Of India are available with micr code -

>>Mini Racpc Nalanda >>Parwalpur >>Rbo Nalanda

MICR code for SBI Mini Racpc Nalanda

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 Mini Racpc Nalanda 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 Mini Racpc Nalanda branch. MICR code for Mini Racpc Nalanda 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 Mini Racpc Nalanda is presented in the table alongside.

Use of State Bank Of India MICR code for Mini Racpc Nalanda branch in nalanda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mini Racpc Nalanda 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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