Let Others Know
×
LinkedIn
Email
WhatsApp

Standard Chartered Bank Chhindwara Chhindwara Madhya Pradesh MICR CODE

Find MICR Codes for Standard Chartered Bank Chhindwara Chhindwara Madhya Pradesh

MICR Code
Bank Standard Chartered Bank
Business Hours
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.

Search Standard Chartered Bank MICR Codes in chhindwara

You can search through MICR Codes of Madhya Pradesh branches in chhindwara of District chhindwara in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

Standard Chartered Bank branches with micr codes are available in 1 cities-

>>Chhindwara

How to find MICR codes for Standard Chartered Bank in chhindwara?

Standard Chartered Bank chhindwara MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From SCB MICR codes list for chhindwara, one can further search by branch name specified in the table. You can find MICR codes for all Standard Chartered Bank chhindwara branches.

SCB MICR code in chhindwara

Standard Chartered Bank MICR code is a character recognition technology used by banks in the processing of cheques. SCB MICR code for chhindwara branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Standard Chartered Bank branches in chhindwara, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Standard Chartered Bank MICR code for chhindwara branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Standard Chartered Bank chhindwara branch, sprinted 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. Thus MICR code for SCB chhindwara branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Standard Chartered Bank MICR codes for chhindwara branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!