SBI Bhilai Bhilai Chhattisgarh MICR CODE

Find MICR Codes for SBI Bhilai Bhilai Chhattisgarh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Scab Bhilai
Contact
Bank Details State Bank Of India Scab Bhilai SBIN0015141
Location Bhilai, Bhilai
City Bhilai
District Bhilai
State Chhattisgarh
Pincode 490001
Country IN
Address Bhilai main branch premises ground floor sbi building sector-1 bhilai (c.g.) - 490001
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 Scab Bhilai 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, Scab Bhilai branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Scab Bhilai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of State Bank Of India are available with micr code -

>>Commercial Branch Bhilai >>Pbb Nehru Nagar Bhilai >>Rcpc Bhilai >>Scab Bhilai

MICR code for SBI Scab Bhilai

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 Scab Bhilai 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 Scab Bhilai branch. MICR code for Scab Bhilai 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 Scab Bhilai is presented in the table alongside.

Use of State Bank Of India MICR code for Scab Bhilai branch in bhilai

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