|
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 of State Bank Of India, branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Agm Sme Ao Raipur >>Agrasen Chowk Raipur >>Aiims Raipur >>Bhatapara >>Ccpc. Raipur >>Chhattisgarh Gramin Bank >>Commercial Branch Raipur >>Cppc Raipur >>Currency Admin Cell Raipur >>Deen Dayal Upadhyay Nagar Raipur >>Dhaneli >>Document Archival Centre Raipur >>Dumartarai >>Fimm Dshivii Raipur >>Fimm Rbovii Raipur >>Fslo Raipur >>G E Road >>Gatadih >>Gayatri Nagar Raipur >>Gcet Raipur >>Gudiyari Raipur >>Hirmi >>Iim Sejbahar Raipur >>Indira Gandhi Krishi Vishwavidyalaya Branch Raipur >>Industrial Estate Urla Raipur >>Kabir Nagar Raipur >>Kapsi >>Kasdol >>Kum Pandritarai Raipur >>Kutchery >>Mahadevghat Road Raipur >>Mantralaya Raipur >>Moti Bagh Raipur >>Nawapura Rajim >>New Rajendra Nagar >>New Shanti Nagar Raipur >>Office Administration Section Raipur >>P And Sb Raipur >>Pachpedi Naka Raipur >>Pbb Central Avenue Raipur >>Pbb Raipur Bhopal >>Racc Raipur Fimm >>Raipur >>Raipur Dhamtri Raod Branch >>Raipur Main >>Rajeev Nagar Raipur >>Ramsagar Para >>Rasecc Raipur >>Rasedi Sonadih >>Ravi Shankar University Raipur >>Rbo Region 2 Raipur >>Rcpc Raipur >>Regional Business Office 1 Raipur >>Ring Road Raipur >>S.S.I Branch Raipur >>Sadar Bazar >>Saddu Raipur >>Sarc Raipur >>Sbild Raipur >>Service Branch Raipur >>Service Branch Raipur >>Shastri Market Raipur >>Shfb Raipur >>Sme Branch Pandri >>Smeccc Raipur >>Specialised Govt. Business Branch (Raipur) >>Ssi Raipur >>Sundar Nagar Raipur >>Telebandha >>Vip Estate Raipur
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 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. is the MICR code of SBI Bank for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the 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.