SBI Mohali Mohali Punjab MICR CODE

Find MICR Codes for SBI Mohali Mohali Punjab

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	Phase Vi Mohali
Contact	8054014540
Bank Details	State Bank Of India Phase Vi Mohali SBIN0017918

Location	Mohali, Mohali
City	Mohali
District	Mohali
State	Punjab
Pincode	160055
Country	IN
Address	Sco 54-55, phase vi, mohali, distt.mohali. Punjab-160055

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

A total of 23 branches of State Bank Of India are available with micr code -

>>Aero Arcade Blockg Aerocity Mohali >>Agm Sme Mohali >>Airport Road Sector Eighty Two Mohali >>District Sales Hub Mohali >>Hni Branch Patiala >>Hni Mohali >>Industrial Area Mohali >>Kandala >>Lalru >>Landran >>Liability Central Processing Center >>Mohali >>Mullanpur >>Not Available >>Old Ambala Road Zirakpur >>Phase Vi Mohali >>Phase Vii Mohali >>Racc Fimm Mohali >>Sector 68 Mohali >>Sector Ninty One Mohali >>Sector One Hundred Seventeen Mohali >>Smec Bathinda >>Smeccc Mohali

MICR code for SBI Phase Vi Mohali

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 Phase Vi Mohali 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 Phase Vi Mohali branch. MICR code for Phase Vi Mohali 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 Phase Vi Mohali is presented in the table alongside.

Use of State Bank Of India MICR code for Phase Vi Mohali branch in mohali

The MICR code 0 is used in RBI cheque clearing process to identify the branch Phase Vi Mohali 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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