SBI Mukundapuram Khammam Andhra Pradesh MICR CODE

Find MICR Codes for SBI Mukundapuram Khammam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	507002123
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	Mukundapuram
Contact	08745-259523
Bank Details	State Bank Of India Mukundapuram SBIN0008505

Location	Mukundapuram, Khammam
City	Mukundapuram
District	Khammam
State	Andhra Pradesh
Pincode	507122
Country	IN
Address	Vi karepalli, yellandu mandal. Distt. Khammam, a.p. 507122

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 507002123 for Mukundapuram 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 507002123 of State Bank Of India, Mukundapuram branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mukundapuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Mukundapuram

MICR code for SBI Mukundapuram

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 Mukundapuram 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. 507002123 is the MICR code of SBI Bank for Mukundapuram branch. MICR code for Mukundapuram 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 Mukundapuram is presented in the table alongside.

Use of State Bank Of India MICR code for Mukundapuram branch in mukundapuram

The MICR code 507002123 is used in RBI cheque clearing process to identify the branch Mukundapuram 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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