SBI Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for SBI Coimbatore Coimbatore Tamil Nadu

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pbb Saibaba Colony
Contact Bm 9443365973
Bank Details State Bank Of India Pbb Saibaba Colony SBIN0012769
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641011
Country IN
Address Door no old no 93 by new no 77,nsr road,saibaba colony,coimbatore 641011
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 641002037 for Pbb Saibaba Colony 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 641002037 of State Bank Of India, Pbb Saibaba Colony branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Pbb Saibaba Colony branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Pbb Saibaba Colony

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 Pbb Saibaba Colony 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. 641002037 is the MICR code of SBI Bank for Pbb Saibaba Colony branch. MICR code for Pbb Saibaba Colony 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 Pbb Saibaba Colony is presented in the table alongside.

Use of State Bank Of India MICR code for Pbb Saibaba Colony branch in coimbatore

The MICR code 641002037 is used in RBI cheque clearing process to identify the branch Pbb Saibaba Colony 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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