Sbm Bank Channarayapatna Hassan Karnataka MICR CODE

Find MICR Codes for Sbm Bank Channarayapatna Hassan Karnataka

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MICR Code	573006523
Bank	State Bank Of Mysore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Janivara
Contact	9483546628
Bank Details	State Bank Of Mysore Janivara SBMY0041132

Location	Channarayapatna, Hassan
City	Channarayapatna
District	Hassan
State	Karnataka
Pincode	573116
Country	IN
Address	Panchayat building janivara village channarayapatna taluk 573116

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 573006523 for Janivara 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 573006523 of State Bank Of Mysore, Janivara branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Janivara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of Mysore are available with micr code -

>>Channarayapatna >>Janivara >>Market Channarayapatna

MICR code for Sbm Bank Janivara

Sbm Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of Mysore MICR code for Janivara 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. 573006523 is the MICR code of Sbm Bank for Janivara branch. MICR code for Janivara 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 Mysore Janivara is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Janivara branch in channarayapatna

The MICR code 573006523 is used in RBI cheque clearing process to identify the branch Janivara and State Bank Of Mysore 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 Sbm Bank is typically in either of these two font’s: E-138 and CMC-7.

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