SBI Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for SBI Visakhapatnam Vishakapatnam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	530002097
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	Vepagunta
Contact	Bm:9963267522
Bank Details	State Bank Of India Vepagunta SBIN0010574

Location	Visakhapatnam, Vishakapatnam
City	Visakhapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530047
Country	IN
Address	Shri niketan arcade, opp nizam hospital, main road, vepagunta, visakhapatnam 530047

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 530002097 for Vepagunta 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 530002097 of State Bank Of India, Vepagunta branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Vepagunta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 49 branches of State Bank Of India are available with micr code -

>>A U Engg College Campus >>Adb Visakhapatnam >>Airport Visakhapatnam >>Andhra University Campus >>Baji Junction Visakahapatnam >>Bhpv >>Central Equipment Repair Complex Vsp >>Centralised Clearing Processing Cell Visakhapatnam >>Dwaraka Nagar >>Gopalapatnam >>Gurudwara Junction >>Hindustan Shipyard Visakhapatnam >>Hpcl Refinery Vizag >>Industrial Estate Visakhapatnam >>Kailasapuram >>Kancharapalem >>Kasimkota >>Kirlampudi Layout Visakhapatnam >>Koduru >>Madhurawada >>Maharanipeta >>Malkapuram >>N.A.D. Kotha Road >>Naval Base >>Naval Dockyard Visakhapatnam >>Pbb Mvp Colony Visakhaptnam >>Pbb Waltair Visakhapatnam >>Pedagantyada >>Racpc Visakhapatnam >>Seethammadhara >>Service Branch Visakhapatnam >>Siripuram Junction Visakhapatnam >>Smeccc Visakhapatnam >>Sriharipuram Vishakapatnam >>Ssi Visakhapatnam >>Steel Plant >>Tallapalem Junction >>Trade Finance Cpc Vizag >>Ukkunagaraam Nh Ii >>Ukkunagaraam Sec 6 >>Venkateswara Mitta >>Vepagunta >>Visakhapatnam >>Visakhapatnam >>Visakhapatnam Port >>Visalakshinagar >>Vishakhapatnam Spl. Eco. Zone Vishakhapatnam >>Waltair >>Zonal Office Visakhapatnam

MICR code for SBI Vepagunta

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 Vepagunta 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. 530002097 is the MICR code of SBI Bank for Vepagunta branch. MICR code for Vepagunta 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 Vepagunta is presented in the table alongside.

Use of State Bank Of India MICR code for Vepagunta branch in visakhapatnam

The MICR code 530002097 is used in RBI cheque clearing process to identify the branch Vepagunta 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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