SBI Patna Gaya Bihar MICR CODE

Find MICR Codes for SBI Patna Gaya Bihar

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Purani Godown
Contact 0631-2224563, 2220725 Ip- 550886
Bank Details State Bank Of India Purani Godown SBIN0009007
Location Patna, Gaya
City Patna
District Gaya
State Bihar
Pincode 823001
Country IN
Address P.o.purani godam,gaya,bihar,pin 823001
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 823002003 for Purani Godown 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 823002003 of State Bank Of India, Purani Godown branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Purani Godown branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of India are available with micr code -

>>Gandhi Maidan >>Konch >>Purani Godown

MICR code for SBI Purani Godown

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 Purani Godown 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. 823002003 is the MICR code of SBI Bank for Purani Godown branch. MICR code for Purani Godown 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 Purani Godown is presented in the table alongside.

Use of State Bank Of India MICR code for Purani Godown branch in patna

The MICR code 823002003 is used in RBI cheque clearing process to identify the branch Purani Godown 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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