SBI Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for SBI Varanasi Varanasi Uttar Pradesh

Bank
State
District
City
Branch
Address

MICR Code	221002041
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	Rathyatra
Contact	0542-2501760
Bank Details	State Bank Of India Rathyatra SBIN0012219

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221010
Country	IN
Address	Rathyatra, d582 a1 bhawani market, varanasi, varanasi, distvaranasi221010

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 221002041 for Rathyatra 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 221002041 of State Bank Of India, Rathyatra branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rathyatra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 72 branches of State Bank Of India are available with micr code -

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MICR code for SBI Rathyatra

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 Rathyatra 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. 221002041 is the MICR code of SBI Bank for Rathyatra branch. MICR code for Rathyatra 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 Rathyatra is presented in the table alongside.

Use of State Bank Of India MICR code for Rathyatra branch in varanasi

The MICR code 221002041 is used in RBI cheque clearing process to identify the branch Rathyatra 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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