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SBI Chanda Araria Bihar MICR CODE

Find MICR Codes for SBI Chanda Araria Bihar

Bank
State
District
City
Branch
Address

MICR Code	854002509
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chanda
Contact	Bm-9955727374
Bank Details	State Bank Of India Chanda SBIN0008564

Location	Chanda, Araria
City	Chanda
District	Araria
State	Bihar
Pincode	854311
Country	IN
Address	Pokhagarh,distt araria,bihar

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 854002509 for Chanda 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 854002509 of State Bank Of India, Chanda branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Chanda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Chanda >>Fic Chanda

MICR code for SBI Chanda

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 Chanda 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. 854002509 is the MICR code of SBI Bank for Chanda branch. MICR code for Chanda 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 Chanda is presented in the table alongside.

Use of State Bank Of India MICR code for Chanda branch in chanda

The MICR code 854002509 is used in RBI cheque clearing process to identify the branch Chanda 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.