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Standard Chartered Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Standard Chartered Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Standard Chartered Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch 90 M G Road Bangalore
Contact 080-66310004
Bank Details Standard Chartered Bank 90 M G Road Bangalore SCBL0036074
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560001
Country IN
Address Raheja tower, 26, m. G. Road, bangalore - 560 001.
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 90 M G Road Bangalore 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 SCB, 90 M G Road Bangalore branch makes the system almost error free and faster. Use of SCB MICR codes for 90 M G Road Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Standard Chartered Bank are available with micr code -

>>139 Residency Road >>90 M G Road Bangalore >>Cunningham Road Bangalore

MICR code for Standard Chartered Bank 90 M G Road Bangalore

Standard Chartered Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SCB MICR code for 90 M G Road Bangalore 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 Standard Chartered Bank for 90 M G Road Bangalore branch. MICR code for 90 M G Road Bangalore 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 SCB 90 M G Road Bangalore is presented in the table alongside.

Use of SCB MICR code for 90 M G Road Bangalore branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch 90 M G Road Bangalore and SCB 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 Standard Chartered Bank is typically in either of these two font’s: E-138 and CMC-7.