|
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, branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Air Force Station Madh >>Bhakti Park >>Bharat Diamond Bourse >>Bhuleshwar Mumbai >>Bullion Branch Mumbai >>Cac Andheri (E) >>Cac Mahul Road >>Cac Pen >>Cag Branch Ii Mumbai >>Cccfbg Mumbai >>Ccgro Mumbai >>Chunabhatti >>Commercial Branch Mumbai >>Commercial Branch Saki Naka >>Core Power Portuguese Church >>Currey Road Mumbai >>Dau Unit >>Dedicated Accounting Unit >>Defence Services Branch Colaba >>Devidayal Road Branch Mulund (West) >>Diamond Garden (Chembur) >>Document Archival Centre Mumbai >>Doorstep Banking Services Dsb Cpc >>Ecollection Van >>Empire House Fort Branch Mumbai >>Ewealth Centre Mumbai >>Fi Dsh Mumbai City >>Fi Dsh Palghar >>Fi Dsh Raigarh >>Gavanpada Mulund (East) >>Golibar Road Santacruz East >>Goregaon Mulund Link Road >>Govandi >>Grant Road East >>Hariom Nagar Branch Mulund East >>Ibg Accounting Unit Mumbai >>Integrated Treasury Mumbai >>J P Road Andheri (W) >>Jankalyan Nagar >>Juhu Versova Link Road >>Kalina >>Kem Hospital Campus Branch Parel >>Khira Nagar Santacruz West Branch >>Kohinoor City Mumbai >>Link Office >>Lokhandwala Branch >>M.G.Road Borivali (East) >>Magathane >>Mahavir Nagar Mumbai >>Maker Chambers Iii >>Mantralaya >>Marve Road Malad Branch >>Merchant Acquiring Business Vertical >>Mid Corporate Group Corporate Center Mumbai >>Mittal Court Tower Ii Nariman Point Branch >>Mumbai (Central And Navi Mumbai) Zone Iii >>Mumbai Foreign Department >>Mumbai Metro A And B Unit >>Nahur West >>Nancy Colony Borivali (E) Branch >>Narayan Nagar Branch Ghatkopar (West) >>National Automated Clearing House Mumbai >>Nehru Nagar Kurla (E) >>Null Bazar >>Pbb Goregaon West >>Portugese Church Dadar Branch >>Project Finance Branch Mumbai >>Racpc Andheri West >>Racpc Sion >>Rasmeccc Mumbai >>Rbo Borivali >>Rbo I Mumbai >>Rbo Ii Mumbai >>Rbo Iii Mumbai >>Rbo Sion >>Rbo V Mumbai >>Rbo Vii Sce2 Mumbai >>Regional Business Office Vi Mumbai >>Saki Vihar Road >>Samg Mumbai >>Santacruz East >>Sarg Commercialiii Mumbai >>Sbh Integrated Treasury Branch >>Sbiintouch Goregaon East >>Sbiintouch Marine Drive >>Sbiintouch Matunga Market Matunga >>Sbiintouch Santacruz West >>Sbiintouch Sion Circle Sion >>Sbinneftservicecentre >>Sbitouch Phoenix Mall Mumbai >>Senapati Bapat Marg Lower Parel Mumbai >>Service Branch Mumbai >>Service Centre >>Sewree >>Shere Punjab Colony Andheri East >>Sme Goregaon East >>Sme Region Mumbai South >>Sme Region Mumbai West >>Smecc Prabhadevi >>Specialised Micro Finance Branch Dharavi >>Specialised Payment Bank Branch >>Startup Branch Bkc Mumbai >>Station Road Vile Parle (W) >>Sterling Centre Worli Branch >>Subhash Road Vile Parle (East) >>Tagore Road Santacruz (W) >>Tfcpc Mumbai >>Thakur Village Kandivali (E) >>Vaishali Nagar Mulund (West) >>Western Express Highway Goregaon East >>Zonal Office Mumbai (Worli Juhu)
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 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 branch. MICR code for 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 is presented in the table alongside.
The MICR code 0 is used in RBI cheque clearing process to identify the branch 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.