SBI Jalna Jalna Maharashtra MICR CODE

Find MICR Codes for SBI Jalna Jalna Maharashtra

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	Nagewadi
Contact	220307
Bank Details	State Bank Of India Nagewadi SBIN0020506

Location	Jalna, Jalna
City	Jalna
District	Jalna
State	Maharashtra
Pincode	431203
Country	IN
Address	Na

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

A total of 21 branches of State Bank Of India are available with micr code -

>>Ambad >>Ambad Chowk Jalna >>Ashti Dhotarjoda >>Badnapur >>Bhokardan >>Cac Jalna >>Jafrabad >>Jalna >>Jalna >>Mantha >>Mondha Jalna Dist >>Nagewadi >>Old Jalna >>Paradh >>Partur >>R P Road Jalna >>Shahagadh >>Shivaji Chowk (Jalna) >>Sme Jalna >>Walsavangi >>Watur

MICR code for SBI Nagewadi

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 Nagewadi 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 Nagewadi branch. MICR code for Nagewadi 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 Nagewadi is presented in the table alongside.

Use of State Bank Of India MICR code for Nagewadi branch in jalna

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nagewadi 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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