SBI Pakur Pakur Jharkhand MICR CODE

Find MICR Codes for SBI Pakur Pakur Jharkhand

Bank
State
District
City
Branch
Address

MICR Code	816002002
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pakur
Contact	06435-222045,223163
Bank Details	State Bank Of India Pakur SBIN0000149

Location	Pakur, Pakur
City	Pakur
District	Pakur
State	Jharkhand
Pincode	816107
Country	IN
Address	Dist pakur, jharkhand 816107

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 816002002 for Pakur 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 816002002 of State Bank Of India, Pakur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Pakur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of State Bank Of India are available with micr code -

>>Cac Pkur >>Chanchki >>Dsh Pakur >>Littipara >>Pakur >>Pakur Bazar >>Racc Pakur Fi And Mm >>Rbo Pakur >>Rbo Pakur >>Sindhipara >>Singarsi

MICR code for SBI Pakur

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 Pakur 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. 816002002 is the MICR code of SBI Bank for Pakur branch. MICR code for Pakur 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 Pakur is presented in the table alongside.

Use of State Bank Of India MICR code for Pakur branch in pakur

The MICR code 816002002 is used in RBI cheque clearing process to identify the branch Pakur 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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