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SBI Anand Anand Gujarat MICR CODE

Find MICR Codes for SBI Anand Anand Gujarat

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarsa
Contact Ip: T:02692-272060
Bank Details State Bank Of India Sarsa SBIN0001335
Location Anand, Anand
City Anand
District Anand
State Gujarat
Pincode 388365
Country IN
Address 1st flr of dudh udpadak sah mandal nr tower sarsa distt anand gujarat 388365
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 38800200 for Sarsa 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 38800200 of State Bank Of India, Sarsa branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sarsa branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Sarsa

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 Sarsa 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. 38800200 is the MICR code of SBI Bank for Sarsa branch. MICR code for Sarsa 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 Sarsa is presented in the table alongside.

Use of State Bank Of India MICR code for Sarsa branch in anand

The MICR code 38800200 is used in RBI cheque clearing process to identify the branch Sarsa 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.