SBI Nagaur Nagaur Rajasthan MICR CODE

Find MICR Codes for SBI Nagaur Nagaur Rajasthan

Bank
State
District
City
Branch
Address

MICR Code	341002002
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	Nagaur
Contact	01582-240762, 246767 Ip:303641
Bank Details	State Bank Of India Nagaur SBIN0003875

Location	Nagaur, Nagaur
City	Nagaur
District	Nagaur
State	Rajasthan
Pincode	341001
Country	IN
Address	Dist nagaur rajasthan 341001

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 341002002 for Nagaur 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 341002002 of State Bank Of India, Nagaur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Nagaur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of State Bank Of India are available with micr code -

>>Didwana Road Nagaur >>Dsh Nagaur >>Khinwsar >>Kuchman City >>Kum Nagaur >>Ladnun >>Main Branch Nagaur >>Mini Racpc Nagaur >>Nagaur >>Racc Gandhi Chowk Nagaur >>Racc Nagaur >>Tausar

MICR code for SBI Nagaur

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 Nagaur 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. 341002002 is the MICR code of SBI Bank for Nagaur branch. MICR code for Nagaur 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 Nagaur is presented in the table alongside.

Use of State Bank Of India MICR code for Nagaur branch in nagaur

The MICR code 341002002 is used in RBI cheque clearing process to identify the branch Nagaur 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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