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SBI Bilaspur Raipur Chhattisgarh MICR CODE

Find MICR Codes for SBI Bilaspur Raipur Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	495002008
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	Tifra Bilaspur
Contact	07552-252493 Ip - 206511
Bank Details	State Bank Of India Tifra Bilaspur SBIN0006276

Location	Bilaspur, Raipur
City	Bilaspur
District	Raipur
State	Chhattisgarh
Pincode	495223
Country	IN
Address	Raipur bilaspur road, post bilaspur, pin - 495223

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 495002008 for Tifra Bilaspur 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 495002008 of State Bank Of India, Tifra Bilaspur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Tifra Bilaspur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Tifra Bilaspur

MICR code for SBI Tifra Bilaspur

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 Tifra Bilaspur 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. 495002008 is the MICR code of SBI Bank for Tifra Bilaspur branch. MICR code for Tifra Bilaspur 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 Tifra Bilaspur is presented in the table alongside.

Use of State Bank Of India MICR code for Tifra Bilaspur branch in bilaspur

The MICR code 495002008 is used in RBI cheque clearing process to identify the branch Tifra Bilaspur 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.