SBI Samastipur Samastipur Bihar MICR CODE

Find MICR Codes for SBI Samastipur Samastipur Bihar

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rosera
Contact 06275-222261,223261,222265
Bank Details State Bank Of India Rosera SBIN0004580
Location Samastipur, Samastipur
City Samastipur
District Samastipur
State Bihar
Pincode 848210
Country IN
Address Dist samastipur, bihar 848210
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 848002507 for Rosera 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 848002507 of State Bank Of India, Rosera branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Rosera branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Rosera

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 Rosera 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. 848002507 is the MICR code of SBI Bank for Rosera branch. MICR code for Rosera 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 Rosera is presented in the table alongside.

Use of State Bank Of India MICR code for Rosera branch in samastipur

The MICR code 848002507 is used in RBI cheque clearing process to identify the branch Rosera 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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