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SBI Pedali Raigad Maharashtra MICR CODE

Find MICR Codes for SBI Pedali Raigad Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	410002825
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	Pedali
Contact	Ip-121355, 02142-243053
Bank Details	State Bank Of India Pedali SBIN0009204

Location	Pedali, Raigad
City	Pedali
District	Raigad
State	Maharashtra
Pincode	410205
Country	IN
Address	Talsudhagad distraigad maharashtra 410205

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 410002825 for Pedali 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 410002825 of State Bank Of India, Pedali branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Pedali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Pedali

MICR code for SBI Pedali

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 Pedali 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. 410002825 is the MICR code of SBI Bank for Pedali branch. MICR code for Pedali 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 Pedali is presented in the table alongside.

Use of State Bank Of India MICR code for Pedali branch in pedali

The MICR code 410002825 is used in RBI cheque clearing process to identify the branch Pedali 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.