SBI Kurnool Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for SBI Kurnool Kurnool Andhra Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Veldurthi
Contact 08516-275743,275643
Bank Details State Bank Of India Veldurthi SBIN0002807
Location Kurnool, Kurnool
City Kurnool
District Kurnool
State Andhra Pradesh
Pincode 518216
Country IN
Address Kurnool a p 518216
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 518002216 for Veldurthi 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 518002216 of State Bank Of India, Veldurthi branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Veldurthi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Veldurthi

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 Veldurthi 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. 518002216 is the MICR code of SBI Bank for Veldurthi branch. MICR code for Veldurthi 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 Veldurthi is presented in the table alongside.

Use of State Bank Of India MICR code for Veldurthi branch in kurnool

The MICR code 518002216 is used in RBI cheque clearing process to identify the branch Veldurthi 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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