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SBI Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for SBI Bilaspur Bilaspur Chhattisgarh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Zonal Office Bilaspur
Contact
Bank Details State Bank Of India Zonal Office Bilaspur SBIN0030427
Location Bilaspur, Bilaspur
City Bilaspur
District Bilaspur
State Chhattisgarh
Pincode 495001
Country IN
Address Zonal office bilaspur network-3, vikas nagar, 27 kholi, bilaspur pin 495001
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 0 for Zonal Office 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 0 of State Bank Of India, Zonal Office Bilaspur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Zonal Office Bilaspur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Zonal Office 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 Zonal Office 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. 0 is the MICR code of SBI Bank for Zonal Office Bilaspur branch. MICR code for Zonal Office 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 Zonal Office Bilaspur is presented in the table alongside.

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

The MICR code 0 is used in RBI cheque clearing process to identify the branch Zonal Office 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.