State Bank Of Travancore New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for State Bank Of Travancore New Bombay Thane Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	110009009
Bank	State Bank Of Travancore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nerul Navi Mumbai
Contact
Bank Details	State Bank Of Travancore Nerul Navi Mumbai SBTR0000692

Location	New Bombay, Thane
City	New Bombay
District	Thane
State	Maharashtra
Pincode	400706
Country	IN
Address	Plot c-3, ruparel gardens, sector 23, nerul, navi mumbai, maharashtra, mumbai, maharashtra, pin-400 706

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 110009009 for Nerul Navi Mumbai 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 110009009 of Sbt Bank, Nerul Navi Mumbai branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Nerul Navi Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Kharghar Navi Mumbai >>Nerul Navi Mumbai >>Palm Beach Road Vashi

MICR code for State Bank Of Travancore Nerul Navi Mumbai

State Bank Of Travancore MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sbt Bank MICR code for Nerul Navi Mumbai 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. 110009009 is the MICR code of Travancore Bank for Nerul Navi Mumbai branch. MICR code for Nerul Navi Mumbai 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 Sbt Bank Nerul Navi Mumbai is presented in the table alongside.

Use of Sbt Bank MICR code for Nerul Navi Mumbai branch in new bombay

The MICR code 110009009 is used in RBI cheque clearing process to identify the branch Nerul Navi Mumbai and Sbt 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 Travancore Bank is typically in either of these two font’s: E-138 and CMC-7.

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