SBI Sankheda Vadodara Gujarat MICR CODE

Find MICR Codes for SBI Sankheda Vadodara Gujarat

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sankheda
Contact Ip-153661
Bank Details State Bank Of India Sankheda SBIN0003497
Location Sankheda, Vadodara
City Sankheda
District Vadodara
State Gujarat
Pincode 391145
Country IN
Address Distt vadodara, gujarat 391 145
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 391002099 for Sankheda 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 391002099 of State Bank Of India, Sankheda branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sankheda 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 -

>>Sankheda

MICR code for SBI Sankheda

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 Sankheda 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. 391002099 is the MICR code of SBI Bank for Sankheda branch. MICR code for Sankheda 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 Sankheda is presented in the table alongside.

Use of State Bank Of India MICR code for Sankheda branch in sankheda

The MICR code 391002099 is used in RBI cheque clearing process to identify the branch Sankheda 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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