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Standard Chartered Bank Chhindwara Chhindwara Madhya Pradesh MICR CODE

Find MICR Codes for Standard Chartered Bank Chhindwara Chhindwara Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Standard Chartered Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chhindwara
Contact	7162231159, 7162231160, 7162231161
Bank Details	Standard Chartered Bank Chhindwara SCBL0036098

Location	Chhindwara, Chhindwara
City	Chhindwara
District	Chhindwara
State	Madhya Pradesh
Pincode	480001
Country	IN
Address	Standard chartered bank sharma complex, ground floor, plot no. 491, ward no. 38, parasia road, chhindwara 480001. Madhya pradesh.

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 Chhindwara 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, Chhindwara branch makes the system almost error free and faster. Use of SCB MICR codes for Chhindwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Standard Chartered Bank are available with micr code -

>>Chhindwara

MICR code for Standard Chartered Bank Chhindwara

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

Use of SCB MICR code for Chhindwara branch in chhindwara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chhindwara 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.