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SBI Khurda Khurda Orissa MICR CODE

Find MICR Codes for SBI Khurda Khurda Orissa

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	Palaspalli Branch
Contact	9437568488
Bank Details	State Bank Of India Palaspalli Branch SBIN0017943

Location	Khurda, Khurda
City	Khurda
District	Khurda
State	Orissa
Pincode	751020
Country	IN
Address	Plot noa20 palaspalli branch poairfield disttkhurda odisha751020

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

A total of 26 branches of State Bank Of India are available with micr code -

>>Ankola >>Athal >>Baramunda >>Cac Khurda >>Chandrasekharpur >>Gada Gopinath Prasad >>Gandhi Engineering College Campus >>Gothapatna Branch >>Indic Campus >>Jagamara >>Jharpada >>Kalinga Vihar >>Keshura >>Khurda >>Khurda Evening Branch >>Madhusudan Nagar >>Main Br >>Nayapalli >>Palaspalli Branch >>Patia >>Racc Khurda R And Db >>Sagargaon >>Sbiintouch Lite Infocity >>Sbild Bhubaneswar >>Shastrinagar >>Tankapani Road

MICR code for SBI Palaspalli Branch

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 Palaspalli Branch 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 Palaspalli Branch branch. MICR code for Palaspalli Branch 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 Palaspalli Branch is presented in the table alongside.

Use of State Bank Of India MICR code for Palaspalli Branch branch in khurda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Palaspalli Branch 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.