Let Others Know
×
LinkedIn
Email
WhatsApp

SBI Bhandara Bhandara Maharashtra MICR CODE

Find MICR Codes for SBI Bhandara Bhandara Maharashtra

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jamb
Contact 07197-243211
Bank Details State Bank Of India Jamb SBIN0004918
Location Bhandara, Bhandara
City Bhandara
District Bhandara
State Maharashtra
Pincode 441914
Country IN
Address Jambtq mohadi
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 441002470 for Jamb 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 441002470 of State Bank Of India, Jamb branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Jamb branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of India are available with micr code -

>>Bhandara >>Bhandara Cac >>Dsh Bhandara >>Fimm Racc Bhandara >>Jamb >>Miskin Tank Garden Road Bhandara >>R And Db Racc Bhandara >>Rcpc Bhandara >>Sakoli >>Tumsar

MICR code for SBI Jamb

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 Jamb 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. 441002470 is the MICR code of SBI Bank for Jamb branch. MICR code for Jamb 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 Jamb is presented in the table alongside.

Use of State Bank Of India MICR code for Jamb branch in bhandara

The MICR code 441002470 is used in RBI cheque clearing process to identify the branch Jamb 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.