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SBI Samadh Bhai Moga Punjab MICR CODE

Find MICR Codes for SBI Samadh Bhai Moga Punjab

Bank
State
District
City
Branch
Address

MICR Code	142002121
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	Samadh Bhai
Contact	Ip:407571, 01636-246208,246660
Bank Details	State Bank Of India Samadh Bhai SBIN0002472

Location	Samadh Bhai, Moga
City	Samadh Bhai
District	Moga
State	Punjab
Pincode	142057
Country	IN
Address	Dist moga, punjab 142057

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 142002121 for Samadh Bhai 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 142002121 of State Bank Of India, Samadh Bhai branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Samadh Bhai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Samadh Bhai

MICR code for SBI Samadh Bhai

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 Samadh Bhai 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. 142002121 is the MICR code of SBI Bank for Samadh Bhai branch. MICR code for Samadh Bhai 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 Samadh Bhai is presented in the table alongside.

Use of State Bank Of India MICR code for Samadh Bhai branch in samadh bhai

The MICR code 142002121 is used in RBI cheque clearing process to identify the branch Samadh Bhai 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.