SBI Satara Satara Maharashtra MICR CODE

Find MICR Codes for SBI Satara Satara Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	415002629
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	Satara Collectorate Br.
Contact	02162- 236188
Bank Details	State Bank Of India Satara Collectorate Br. SBIN0010713

Location	Satara, Satara
City	Satara
District	Satara
State	Maharashtra
Pincode	415001
Country	IN
Address	Dist satarastate maharashtra

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 415002629 for Satara Collectorate Br. 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 415002629 of State Bank Of India, Satara Collectorate Br. branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Satara Collectorate Br. 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 -

>>Adb Satara >>Cac Satara >>Fimm Dsh Satara >>Fimm Racc Satara >>Ganesh Chowk Kodoli >>Godoli Satara >>Industrial Area Shirwal >>Khed >>Midc Satara >>Mini Racpc Satara >>R And Db Racc Satara >>Rahimatpur >>Rcpc Satara >>Sadar Bazar Satara >>Satara >>Satara >>Satara Collectorate Br. >>Sbiintouch Satara >>Shirwal

MICR code for SBI Satara Collectorate Br.

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 Satara Collectorate Br. 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. 415002629 is the MICR code of SBI Bank for Satara Collectorate Br. branch. MICR code for Satara Collectorate Br. 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 Satara Collectorate Br. is presented in the table alongside.

Use of State Bank Of India MICR code for Satara Collectorate Br. branch in satara

The MICR code 415002629 is used in RBI cheque clearing process to identify the branch Satara Collectorate Br. 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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