SBI Raigarh Raigarh Chhattisgarh MICR CODE

Find MICR Codes for SBI Raigarh Raigarh Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	496002051
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	Sarangarh
Contact	112202, 07768-233249
Bank Details	State Bank Of India Sarangarh SBIN0000543

Location	Raigarh, Raigarh
City	Raigarh
District	Raigarh
State	Chhattisgarh
Pincode	496445
Country	IN
Address	Dist raigarh chattisgarh 496445

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 496002051 for Sarangarh 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 496002051 of State Bank Of India, Sarangarh branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sarangarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of State Bank Of India are available with micr code -

>>A D B Raigarh >>Cac Raigarh >>Chakradhar Nagar >>Jindal Steel And Power Ltd Patrapali >>Kotra Road Raigarh >>Lailunga >>Medical College Raigarh >>Nandeli >>Ntpc Lara Project >>Pbb Raigarh >>Racc Raigarh R And Db >>Racpc Raigarh >>Raigarh >>Raigarh >>Rbo Raigarh >>Rcpc Raigarh >>Sarangarh >>Sme Raigarh >>Tamnar

MICR code for SBI Sarangarh

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 Sarangarh 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. 496002051 is the MICR code of SBI Bank for Sarangarh branch. MICR code for Sarangarh 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 Sarangarh is presented in the table alongside.

Use of State Bank Of India MICR code for Sarangarh branch in raigarh

The MICR code 496002051 is used in RBI cheque clearing process to identify the branch Sarangarh 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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