SBP Bank Banga Nawanshahr Punjab MICR CODE

Find MICR Codes for SBP Bank Banga Nawanshahr Punjab

MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banga Sn College
Contact 01823 231218
Bank Details State Bank Of Patiala Banga Sn College STBP0001251
Location Banga, Nawanshahr
City Banga
District Nawanshahr
State Punjab
Pincode 144505
Country IN
Address C/o sikh national college, nawan shahar road, banga, dist shaheed udham singh nagar, punjab, pin 144505
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 Banga Sn College 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 Patiala, Banga Sn College branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Banga Sn College branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Patiala are available with micr code -

>>Banga Sn College

MICR code for SBP Bank Banga Sn College

SBP Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of Patiala MICR code for Banga Sn College 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 SBP Bank for Banga Sn College branch. MICR code for Banga Sn College 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 Patiala Banga Sn College is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Banga Sn College branch in banga

The MICR code 0 is used in RBI cheque clearing process to identify the branch Banga Sn College and State Bank Of Patiala 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 SBP Bank is typically in either of these two font’s: E-138 and CMC-7.

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