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SBI Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for SBI Vadodara Vadodara Gujarat

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sushan Circle Vadodara
Contact 0265-2642676 Fax-2646853 Ip No-6153416
Bank Details State Bank Of India Sushan Circle Vadodara SBIN0060194
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390010
Country IN
Address 30 by 31,bhagat colony gidc makarpura ind estate makarpura vadodara 390010
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 390002064 for Sushan Circle Vadodara 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 390002064 of State Bank Of India, Sushan Circle Vadodara branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Sushan Circle Vadodara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Sushan Circle Vadodara

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 Sushan Circle Vadodara 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. 390002064 is the MICR code of SBI Bank for Sushan Circle Vadodara branch. MICR code for Sushan Circle Vadodara 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 Sushan Circle Vadodara is presented in the table alongside.

Use of State Bank Of India MICR code for Sushan Circle Vadodara branch in vadodara

The MICR code 390002064 is used in RBI cheque clearing process to identify the branch Sushan Circle Vadodara 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.