MICR Code Bank
Find MICR code for SBI Sarc branches in India for NEFT and RTGS transfer

SBI Sarc MICR CODE

Find MICR Codes for SBI Sarc

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  1. State Bank Of India »
  2. Uttar Pradesh »
  3. gorakpur »
  4. gorakhpur »
  5. sarc (stress asset resolution centre) gorakhpur

Find MICR Codes for SBI Sarc

MICR Code: 273002085
Bank: State Bank Of India
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Sarc (Stress Asset Resolution Centre) Gorakhpur
Contact: Mob. 9415800337 (Bm)
Bank Details: State Bank Of India Sarc (Stress Asset Resolution Centre) Gorakhpur SBIN0011731
Location: Gorakhpur, Gorakpur
City: Gorakhpur
District: Gorakpur
State: Uttar Pradesh
Pincode:
Country: IN
Address: Dist gorakhpur state uttar pradesh

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

MICR code for SBI sarc

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

Use of State Bank Of India MICR code for sarc branch in gorakhpur

The MICR code is used in RBI cheque clearing process to identify the branch sarc 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.