SBI Jalgaon Jalgaon Maharashtra MICR CODE

Find MICR Codes for SBI Jalgaon Jalgaon Maharashtra

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pachora
Contact Ip-121075, 02596-240023, 240753
Bank Details State Bank Of India Pachora SBIN0000441
Location Jalgaon, Jalgaon
City Jalgaon
District Jalgaon
State Maharashtra
Pincode 424201
Country IN
Address Nr. Rly. Stn., pachora, jalgaon, pin - 424201
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pachora
Contact 221099
Bank Details State Bank Of India Pachora SBIN0021142
Location Jalgaon, Jalgaon
City Jalgaon
District Jalgaon
State Maharashtra
Pincode 424201
Country IN
Address Dkaaahadgaondachoajagaondst
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 424002869 for Pachora 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 424002869 of State Bank Of India, Pachora branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Pachora branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Pachora

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 Pachora 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. 424002869 is the MICR code of SBI Bank for Pachora branch. MICR code for Pachora 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 Pachora is presented in the table alongside.

Use of State Bank Of India MICR code for Pachora branch in jalgaon

The MICR code 424002869 is used in RBI cheque clearing process to identify the branch Pachora 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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