Let Others Know
×
LinkedIn
Email
WhatsApp

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 Vadodara Ssi
Contact 0265-2647271 Fax-2630653 Ip No-6153426
Bank Details State Bank Of India Vadodara Ssi SBIN0060387
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390015
Country IN
Address Near shreyas school manajalpar vadodara 390015
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 390002068 for Vadodara Ssi 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 390002068 of State Bank Of India, Vadodara Ssi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Vadodara Ssi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Vadodara Ssi

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 Vadodara Ssi 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. 390002068 is the MICR code of SBI Bank for Vadodara Ssi branch. MICR code for Vadodara Ssi 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 Vadodara Ssi is presented in the table alongside.

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

The MICR code 390002068 is used in RBI cheque clearing process to identify the branch Vadodara Ssi 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.