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SBI Gurdaspur Gurdaspur Punjab MICR CODE

Find MICR Codes for SBI Gurdaspur Gurdaspur Punjab

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nehru Gate Batala
Contact 01871-227113
Bank Details State Bank Of India Nehru Gate Batala SBIN0010746
Location Gurdaspur, Gurdaspur
City Gurdaspur
District Gurdaspur
State Punjab
Pincode 143505
Country IN
Address Batala gurdaspur distpunjab 143505
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 143002105 for Nehru Gate Batala 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 143002105 of State Bank Of India, Nehru Gate Batala branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Nehru Gate Batala branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Nehru Gate Batala

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 Nehru Gate Batala 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. 143002105 is the MICR code of SBI Bank for Nehru Gate Batala branch. MICR code for Nehru Gate Batala 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 Nehru Gate Batala is presented in the table alongside.

Use of State Bank Of India MICR code for Nehru Gate Batala branch in gurdaspur

The MICR code 143002105 is used in RBI cheque clearing process to identify the branch Nehru Gate Batala 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.