SBI Khammam Khammam Andhra Pradesh MICR CODE

Find MICR Codes for SBI Khammam Khammam Andhra Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satyanarayanapuram
Contact 204202
Bank Details State Bank Of India Satyanarayanapuram SBIN0021664
Location Khammam, Khammam
City Khammam
District Khammam
State Andhra Pradesh
Pincode
Country IN
Address Stnnuclndlkdist
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satyanarayanapuram
Contact 254432
Bank Details State Bank Of India Satyanarayanapuram SBIN0020584
Location Khammam, Khammam
City Khammam
District Khammam
State Andhra Pradesh
Pincode 507140
Country IN
Address U uuds h
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 0 for Satyanarayanapuram 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 0 of State Bank Of India, Satyanarayanapuram branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Satyanarayanapuram branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Satyanarayanapuram

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 Satyanarayanapuram 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. 0 is the MICR code of SBI Bank for Satyanarayanapuram branch. MICR code for Satyanarayanapuram 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 Satyanarayanapuram is presented in the table alongside.

Use of State Bank Of India MICR code for Satyanarayanapuram branch in khammam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Satyanarayanapuram 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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