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SBI Katni Katni Madhya Pradesh MICR CODE

Find MICR Codes for SBI Katni Katni Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	483002023
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	Rithi
Contact	07622-267275
Bank Details	State Bank Of India Rithi SBIN0004642

Location	Katni, Katni
City	Katni
District	Katni
State	Madhya Pradesh
Pincode	483990
Country	IN
Address	Dist katni, madhya pradesh 483990

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 483002023 for Rithi 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 483002023 of State Bank Of India, Rithi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rithi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of State Bank Of India are available with micr code -

>>Badgaon >>Bahoriband >>Barhi >>Cac Katni >>Collectorate Katni >>Deogaon >>Durga Chowk Katni >>Fimm Dshxiv Katni >>Ghantaghar Katni >>Industrial Estate Lamtara Katni >>Katni >>Katni Market Katni >>New Katni Junction >>Niwar >>Ordnance Factory Katni >>Pbb Katni >>Pipariyakala >>Racc Katni Fi And Mm >>Racc Katni R And Db >>Racpc Katni >>Rbo Katni >>Rcpc Katni >>Rithi >>Sme Katni >>Umariapan >>Vijay Rahgavgarh

MICR code for SBI Rithi

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 Rithi 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. 483002023 is the MICR code of SBI Bank for Rithi branch. MICR code for Rithi 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 Rithi is presented in the table alongside.

Use of State Bank Of India MICR code for Rithi branch in katni

The MICR code 483002023 is used in RBI cheque clearing process to identify the branch Rithi 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.