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SBI Bhimadole West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for SBI Bhimadole West Godavari Andhra Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhimadole
Contact 08829-222265,212025
Bank Details State Bank Of India Bhimadole SBIN0006835
Location Bhimadole, West Godavari
City Bhimadole
District West Godavari
State Andhra Pradesh
Pincode 534425
Country IN
Address Bk road, t west godavari, andhra pradesh 534425
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 534002005 for Bhimadole 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 534002005 of State Bank Of India, Bhimadole branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Bhimadole branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of India are available with micr code -

>>Bhimadole

MICR code for SBI Bhimadole

SBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of India MICR code for Bhimadole 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. 534002005 is the MICR code of SBI Bank for Bhimadole branch. MICR code for Bhimadole 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 State Bank Of India Bhimadole is presented in the table alongside.

Use of State Bank Of India MICR code for Bhimadole branch in bhimadole

The MICR code 534002005 is used in RBI cheque clearing process to identify the branch Bhimadole and State Bank Of India 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 SBI Bank is typically in either of these two font’s: E-138 and CMC-7.