State Bank Of Bikaner And Jaipur Ratlam Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for State Bank Of Bikaner And Jaipur Ratlam Ratlam Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	457003002
Bank	State Bank Of Bikaner And Jaipur
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ratlam
Contact	Branch Manager,07412-230433
Bank Details	State Bank Of Bikaner And Jaipur Ratlam SBBJ0010385

Location	Ratlam, Ratlam
City	Ratlam
District	Ratlam
State	Madhya Pradesh
Pincode	457001
Country	IN
Address	Station road, ratlam - 457001

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 457003002 for Ratlam 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 457003002 of SBBJ Bank, Ratlam branch makes the system almost error free and faster. Use of SBBJ Bank MICR codes for Ratlam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Bikaner And Jaipur are available with micr code -

>>Ratlam

MICR code for State Bank Of Bikaner And Jaipur Ratlam

State Bank Of Bikaner And Jaipur MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SBBJ Bank MICR code for Ratlam 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. 457003002 is the MICR code of State Bank Of Bikaner And Jaipur for Ratlam branch. MICR code for Ratlam 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 SBBJ Bank Ratlam is presented in the table alongside.

Use of SBBJ Bank MICR code for Ratlam branch in ratlam

The MICR code 457003002 is used in RBI cheque clearing process to identify the branch Ratlam and SBBJ Bank 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 State Bank Of Bikaner And Jaipur is typically in either of these two font’s: E-138 and CMC-7.

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