SBI Gudivada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for SBI Gudivada Krishna Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	520002504
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	Rajendra Nagar
Contact	Not Available
Bank Details	State Bank Of India Rajendra Nagar SBIN0011102

Location	Gudivada, Krishna
City	Gudivada
District	Krishna
State	Andhra Pradesh
Pincode	521301
Country	IN
Address	Door no 10 154 d4 a e seva roadrajendra nagar,gudiwadakrishna dist

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 520002504 for Rajendra Nagar 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 520002504 of State Bank Of India, Rajendra Nagar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rajendra Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of State Bank Of India are available with micr code -

>>Bantumilli Road Gudivada >>Gudivada >>Gudivada Bazar >>Rajendra Nagar >>Rcpc Gudivada

MICR code for SBI Rajendra Nagar

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 Rajendra Nagar 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. 520002504 is the MICR code of SBI Bank for Rajendra Nagar branch. MICR code for Rajendra Nagar 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 Rajendra Nagar is presented in the table alongside.

Use of State Bank Of India MICR code for Rajendra Nagar branch in gudivada

The MICR code 520002504 is used in RBI cheque clearing process to identify the branch Rajendra Nagar 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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