SBI Cuttack Cuttak Orissa MICR CODE

Find MICR Codes for SBI Cuttack Cuttak Orissa

Bank
State
District
City
Branch
Address

MICR Code	753002016
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	Naya Bazar
Contact	Ip-651456, 0671-2446442, 2442847(Fax)
Bank Details	State Bank Of India Naya Bazar SBIN0002094

Location	Cuttack, Cuttak
City	Cuttack
District	Cuttak
State	Orissa
Pincode	753004
Country	IN
Address	At by p.o-nayabazar, cuttack, orissa,753004

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 753002016 for Naya Bazar 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 753002016 of State Bank Of India, Naya Bazar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Naya Bazar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of State Bank Of India are available with micr code -

>>Bidanasi Cuttack >>Bidhyadharpur Adb >>Buxi Bazar Cuttack >>Chandi Chhak >>Comm Cuttack >>Cuttack >>Cuttack City >>Cuttack Industrial Estate >>Gandarpur >>Jagatpur Cuttack >>Jagatpur Ind Est Cuttack >>Jhanjirimangala Cuttack >>Kalyaninagar >>Link Road Cuttack >>Malgodown >>Markatnagar >>Naya Bazar >>Pbb Badambadi Cuttack >>Pbb Mangalabagh >>Phulnakhara >>Pithapur Cuttack >>Retail Assets Central Processing Centre Cuttack >>Scb Medical College Campus >>Service Branch Cuttack >>Smeccc Cuttack >>Stressed Assets Resolution Centre Bhubaneswar >>Tulasipur Cuttack

MICR code for SBI Naya Bazar

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 Naya Bazar 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. 753002016 is the MICR code of SBI Bank for Naya Bazar branch. MICR code for Naya Bazar 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 Naya Bazar is presented in the table alongside.

Use of State Bank Of India MICR code for Naya Bazar branch in cuttack

The MICR code 753002016 is used in RBI cheque clearing process to identify the branch Naya Bazar 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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