SBI Thane Thane Maharashtra MICR CODE

Find MICR Codes for SBI Thane Thane Maharashtra

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mira Ind. Estate Mumbai
Contact 022-28456474 Ip - 106431
Bank Details State Bank Of India Mira Ind. Estate Mumbai SBIN0006967
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 404104
Country IN
Address Plot no.53, post mira, mira road east, thanepin - 404104
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 400002111 for Mira Ind. Estate Mumbai 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 400002111 of State Bank Of India, Mira Ind. Estate Mumbai branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mira Ind. Estate Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Mira Ind. Estate Mumbai

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 Mira Ind. Estate Mumbai 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. 400002111 is the MICR code of SBI Bank for Mira Ind. Estate Mumbai branch. MICR code for Mira Ind. Estate Mumbai 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 Mira Ind. Estate Mumbai is presented in the table alongside.

Use of State Bank Of India MICR code for Mira Ind. Estate Mumbai branch in thane

The MICR code 400002111 is used in RBI cheque clearing process to identify the branch Mira Ind. Estate Mumbai 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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