SBI Mumbai Pune Maharashtra MICR CODE

Find MICR Codes for SBI Mumbai Pune Maharashtra

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ncl Campus Pune
Contact 020-25898669 020-25898478
Bank Details State Bank Of India Ncl Campus Pune SBIN0003552
Location Mumbai, Pune
City Mumbai
District Pune
State Maharashtra
Pincode 411008
Country IN
Address Punedist pune, maharashtra411008 ,pin-411008
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 411002012 for Ncl Campus Pune 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 411002012 of State Bank Of India, Ncl Campus Pune branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Ncl Campus Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of India are available with micr code -

>>Dhankawdi Pune >>Ncl Campus Pune >>Spbb Bund Gardan Pune

MICR code for SBI Ncl Campus Pune

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 Ncl Campus Pune 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. 411002012 is the MICR code of SBI Bank for Ncl Campus Pune branch. MICR code for Ncl Campus Pune 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 Ncl Campus Pune is presented in the table alongside.

Use of State Bank Of India MICR code for Ncl Campus Pune branch in mumbai

The MICR code 411002012 is used in RBI cheque clearing process to identify the branch Ncl Campus Pune 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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