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Sbi Madanpur Aurangabad Bihar MICR CODE

Find MICR Codes for Sbi Madanpur Aurangabad Bihar

MICR Code:
Bank: State Bank Of India
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Madanpur
Contact: Bm:9431634917
Bank Details: State Bank Of India Madanpur SBIN0003575
Location: Madanpur, Aurangabad
City: Madanpur
District: Aurangabad
State: Bihar
Pincode: 824208
Country: IN
Address: Pomadanpur
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.

Search Sbi MICR Codes in aurangabad

You can search through MICR Codes of Bihar branches in madanpur of District aurangabad in Bihar State by using the search box or you can browse through the table using the conrols at the bottom.

State Bank Of India branches with micr codes are available in 8 cities-

>>Aurangabad >>Khadiha >>Madanpur >>Majhiawan >>Nabinagar >>Poiwan >>Rajoi >>Tirouta

How to find MICR codes for Sbi in madanpur?

Sbi madanpur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From State Bank Of India MICR codes list for madanpur, one can further search by branch name specified in the table. You can find MICR codes for all Sbi madanpur branches.

State Bank Of India MICR code in madanpur

Sbi MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of India MICR code for madanpur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Sbi Bank branches in madanpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Sbi Bank MICR code for madanpur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Sbi madanpur branch, sprinted 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. Thus MICR code for State Bank Of India madanpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Sbi Bank MICR codes for madanpur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!