SBP Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for SBP Bank Amritsar Amritsar Punjab

Bank
State
District
City
Branch
Address

MICR Code	143007505
Bank	State Bank Of Patiala
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Beas
Contact	8729095400
Bank Details	State Bank Of Patiala Beas STBP0001551

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	State bank of patiala, vpo - beas, g.t. Road, near army brigade, 143001

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 143007505 for Beas 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 143007505 of State Bank Of Patiala, Beas branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Beas branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of State Bank Of Patiala are available with micr code -

>>Amritsar >>Amritsar Chhehratta >>Amritsar Civil Lines >>Amritsar Cwg >>Amritsar Emn >>Amritsar Kjs >>Amritsar Main Mukerji Marg >>Amritsar Ranjit Avenue >>Amritsar Text. >>Beas >>Ccpc Amritsar >>Circular Road Amritsar >>Mehta >>Putlighar

MICR code for SBP Bank Beas

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 Beas 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. 143007505 is the MICR code of SBP Bank for Beas branch. MICR code for Beas 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 Beas is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Beas branch in amritsar

The MICR code 143007505 is used in RBI cheque clearing process to identify the branch Beas 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.

Copied!