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SBI Junagadh Junagadh Gujarat MICR CODE

Find MICR Codes for SBI Junagadh Junagadh Gujarat

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tower Road Mangrol
Contact 02878-22002 Fax-22802 Ip No-6158526
Bank Details State Bank Of India Tower Road Mangrol SBIN0060055
Location Junagadh, Junagadh
City Junagadh
District Junagadh
State Gujarat
Pincode 362225
Country IN
Address Near old bus stand,mangrol 362225 dist junagadh
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 362002092 for Tower Road Mangrol 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 362002092 of State Bank Of India, Tower Road Mangrol branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Tower Road Mangrol branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Tower Road Mangrol

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 Tower Road Mangrol 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. 362002092 is the MICR code of SBI Bank for Tower Road Mangrol branch. MICR code for Tower Road Mangrol 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 Tower Road Mangrol is presented in the table alongside.

Use of State Bank Of India MICR code for Tower Road Mangrol branch in junagadh

The MICR code 362002092 is used in RBI cheque clearing process to identify the branch Tower Road Mangrol 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.