SBI Noida Noida Uttar Pradesh MICR CODE

Find MICR Codes for SBI Noida Noida Uttar Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida Extension
Contact -
Bank Details State Bank Of India Noida Extension SBIN0065124
Location Noida, Noida
City Noida
District Noida
State Uttar Pradesh
Pincode 201306
Country IN
Address Fusion ufaria, sector-16 b, greater noida west, gautam budh nagar, 201306
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 Noida Extension 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, Noida Extension branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Noida Extension branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Noida Extension

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 Noida Extension 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 Noida Extension branch. MICR code for Noida Extension 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 Noida Extension is presented in the table alongside.

Use of State Bank Of India MICR code for Noida Extension branch in noida

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