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SBI Karchuli Ganjam Orissa MICR CODE

Find MICR Codes for SBI Karchuli Ganjam Orissa

Bank
State
District
City
Branch
Address

MICR Code	761002143
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	Karchuli
Contact	06818-254605
Bank Details	State Bank Of India Karchuli SBIN0006120

Location	Karchuli, Ganjam
City	Karchuli
District	Ganjam
State	Orissa
Pincode	761143
Country	IN
Address	Statebankofindiaatpokarchuli

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 761002143 for Karchuli 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 761002143 of State Bank Of India, Karchuli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Karchuli 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 -

>>Karchuli

MICR code for SBI Karchuli

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 Karchuli 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. 761002143 is the MICR code of SBI Bank for Karchuli branch. MICR code for Karchuli 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 Karchuli is presented in the table alongside.

Use of State Bank Of India MICR code for Karchuli branch in karchuli

The MICR code 761002143 is used in RBI cheque clearing process to identify the branch Karchuli 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.