SBP Bank Gagret Una Himachal Pradesh MICR CODE

Find MICR Codes for SBP Bank Gagret Una Himachal Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
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	Gagret
Contact	01976-241338
Bank Details	State Bank Of Patiala Gagret STBP0000184

Location	Gagret, Una
City	Gagret
District	Una
State	Himachal Pradesh
Pincode	177201
Country	IN
Address	Vpo gagret the una

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 Gagret 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, Gagret branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Gagret 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 -

>>Gagret

MICR code for SBP Bank Gagret

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 Gagret 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 Gagret branch. MICR code for Gagret 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 Gagret is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Gagret branch in gagret

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gagret 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!