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SBI Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for SBI Salem Salem Tamil Nadu

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thammampatti
Contact 04282-226599
Bank Details State Bank Of India Thammampatti SBIN0012773
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636113
Country IN
Address Opp. Girls high school,thammampatti ,dist:salem-636113
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 Thammampatti 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, Thammampatti branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Thammampatti branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Thammampatti

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 Thammampatti 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 Thammampatti branch. MICR code for Thammampatti 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 Thammampatti is presented in the table alongside.

Use of State Bank Of India MICR code for Thammampatti branch in salem

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