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SBI Sambhar Lake Jaipur Rajasthan MICR CODE

Find MICR Codes for SBI Sambhar Lake Jaipur Rajasthan

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sambhar Lake
Contact Ip-303651 Phone 01425-224211, 225215
Bank Details State Bank Of India Sambhar Lake SBIN0000712
Location Sambhar Lake, Jaipur
City Sambhar Lake
District Jaipur
State Rajasthan
Pincode 303604
Country IN
Address Jaipur rajasthan 303604
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 30300221 for Sambhar Lake 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 30300221 of State Bank Of India, Sambhar Lake branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sambhar Lake 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 -

>>Sambhar Lake

MICR code for SBI Sambhar Lake

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 Sambhar Lake 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. 30300221 is the MICR code of SBI Bank for Sambhar Lake branch. MICR code for Sambhar Lake 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 Sambhar Lake is presented in the table alongside.

Use of State Bank Of India MICR code for Sambhar Lake branch in sambhar lake

The MICR code 30300221 is used in RBI cheque clearing process to identify the branch Sambhar Lake 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.