SBP Bank Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for SBP Bank Udaipur Udaipur Rajasthan

MICR Code
Bank State Bank Of Patiala
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udaipur City
Contact 2465505
Bank Details State Bank Of Patiala Udaipur City STBP0001395
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313001
Country IN
Address Plot no 1 2 adarsh nagar 120 feet road opposite samudaik kendra sector 4 hiran magri
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 313007002 for Udaipur City 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 313007002 of State Bank Of Patiala, Udaipur City branch makes the system almost error free and faster. Use of State Bank Of Patiala MICR codes for Udaipur City 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 -

>>Udaipur City

MICR code for SBP Bank Udaipur City

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 Udaipur City 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. 313007002 is the MICR code of SBP Bank for Udaipur City branch. MICR code for Udaipur City 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 Udaipur City is presented in the table alongside.

Use of State Bank Of Patiala MICR code for Udaipur City branch in udaipur

The MICR code 313007002 is used in RBI cheque clearing process to identify the branch Udaipur City 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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