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SBI Medak Medak Andhra Pradesh MICR CODE

Find MICR Codes for SBI Medak Medak Andhra Pradesh

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jogipet
Contact Ip:901443
Bank Details State Bank Of India Jogipet SBIN0003729
Location Medak, Medak
City Medak
District Medak
State Andhra Pradesh
Pincode 502270
Country IN
Address No.9 by 60 bhagath singh road, namdev rao tandle bldg., distt. Medak 502270
MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagdevpur
Contact 08454-237523
Bank Details State Bank Of India Jagdevpur SBIN0004698
Location Medak, Medak
City Medak
District Medak
State Andhra Pradesh
Pincode 502281
Country IN
Address Dist medak, a p 502281
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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 medak

You can search through MICR Codes of Andhra Pradesh branches in medak of District medak in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for SBI in medak?

SBI medak 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 medak, one can further search by branch name specified in the table. You can find MICR codes for all SBI medak branches.

State Bank Of India MICR code in medak

SBI MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of India MICR code for medak 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 medak, 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 medak 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 medak 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 medak branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of SBI Bank MICR codes for medak branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!