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SBI Osmanabad Osmanabad Maharashtra MICR CODE

Find MICR Codes for SBI Osmanabad Osmanabad Maharashtra

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Osmanabad
Contact Ip-121442, 02472-222715, 223315
Bank Details State Bank Of India Osmanabad SBIN0001974
Location Osmanabad, Osmanabad
City Osmanabad
District Osmanabad
State Maharashtra
Pincode 413501
Country IN
Address Modani building near st stand distt osmanabad maharashtra 413501
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Osmanabad
Contact 222224
Bank Details State Bank Of India Osmanabad SBIN0020039
Location Osmanabad, Osmanabad
City Osmanabad
District Osmanabad
State Maharashtra
Pincode
Country IN
Address S srs
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 413002864 for Osmanabad 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 413002864 of State Bank Of India, Osmanabad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Osmanabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of State Bank Of India are available with micr code -

>>Andora >>Bhoom >>Cac Osmanabad >>Dalimb >>Dhoki Adb >>Fi Dsh Osmanabad >>Gunjoti >>Kallam >>Madaj >>Mini Racpc Osmanabad >>Murum >>Naldurg >>Omerga >>Osmanabad >>Osmanabad >>Paranda >>R And Db Racc Osmanabad >>Sme Osmanabad >>Tambri Vibhag Osmanabad >>Ter >>Tuljapur >>Washi

MICR code for SBI Osmanabad

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 Osmanabad 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. 413002864 is the MICR code of SBI Bank for Osmanabad branch. MICR code for Osmanabad 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 Osmanabad is presented in the table alongside.

Use of State Bank Of India MICR code for Osmanabad branch in osmanabad

The MICR code 413002864 is used in RBI cheque clearing process to identify the branch Osmanabad 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.