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SBI Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for SBI Bhubaneswar Khurda Orissa

Bank
State
District
City
Branch
Address

MICR Code	751002517
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	Stress Assets Resolution Centre Bhubaneswar
Contact	0674-25885132
Bank Details	State Bank Of India Stress Assets Resolution Centre Bhubaneswar SBIN0005174

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode
Country	IN
Address	1st floor, industrialestate branch, rasulgarh,bhubaneswar

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.

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Stress Assets Resolution Centre Bhubaneswar (751002517)

How does MICR code 751002517 for Stress Assets Resolution Centre Bhubaneswar 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 751002517 of State Bank Of India, Stress Assets Resolution Centre Bhubaneswar branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Stress Assets Resolution Centre Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 60 branches of State Bank Of India are available with micr code -

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MICR code for SBI Stress Assets Resolution Centre Bhubaneswar

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 Stress Assets Resolution Centre Bhubaneswar 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. 751002517 is the MICR code of SBI Bank for Stress Assets Resolution Centre Bhubaneswar branch. MICR code for Stress Assets Resolution Centre Bhubaneswar 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 Stress Assets Resolution Centre Bhubaneswar is presented in the table alongside.

Use of State Bank Of India MICR code for Stress Assets Resolution Centre Bhubaneswar branch in bhubaneswar

The MICR code 751002517 is used in RBI cheque clearing process to identify the branch Stress Assets Resolution Centre Bhubaneswar 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.