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SBI Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for SBI Bhubaneswar Khurda Orissa

Bank
State
District
City
Branch
Address

MICR Code	751002034
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	Rail Coach Factory Bhubaneswar
Contact	9937307781
Bank Details	State Bank Of India Rail Coach Factory Bhubaneswar SBIN0010240

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode	751005
Country	IN
Address	Mancheswar railway workshop mancheswar bhubaneswar distt khurda orissa 751005

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.

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Rail Coach Factory Bhubaneswar (751002034)

How does MICR code 751002034 for Rail Coach Factory Bhubaneswar 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 751002034 of State Bank Of India, Rail Coach Factory Bhubaneswar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rail Coach Factory Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 60 branches of State Bank Of India are available with micr code -

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MICR code for SBI Rail Coach Factory Bhubaneswar

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 Rail Coach Factory Bhubaneswar 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. 751002034 is the MICR code of SBI Bank for Rail Coach Factory Bhubaneswar branch. MICR code for Rail Coach Factory Bhubaneswar 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 Rail Coach Factory Bhubaneswar is presented in the table alongside.

Use of State Bank Of India MICR code for Rail Coach Factory Bhubaneswar branch in bhubaneswar

The MICR code 751002034 is used in RBI cheque clearing process to identify the branch Rail Coach Factory Bhubaneswar 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.