SBI Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for SBI Madurai Madurai Tamil Nadu

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tallakulam
Contact Ip:804401, 0452- 2530764, 2528606
Bank Details State Bank Of India Tallakulam SBIN0000253
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625002
Country IN
Address 60 alagar koil road, distt. Madurai, tamil nadu 625002
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 625002003 for Tallakulam 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 625002003 of State Bank Of India, Tallakulam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Tallakulam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Tallakulam

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 Tallakulam 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. 625002003 is the MICR code of SBI Bank for Tallakulam branch. MICR code for Tallakulam 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 Tallakulam is presented in the table alongside.

Use of State Bank Of India MICR code for Tallakulam branch in madurai

The MICR code 625002003 is used in RBI cheque clearing process to identify the branch Tallakulam 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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