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SBI Merta City Jaipur Rajasthan MICR CODE

Find MICR Codes for SBI Merta City Jaipur Rajasthan

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Merta City
Contact Tel:9413090709
Bank Details State Bank Of India Merta City SBIN0011401
Location Merta City, Jaipur
City Merta City
District Jaipur
State Rajasthan
Pincode 302001
Country IN
Address Amrit jain bhawan kachari road,merta city,nagaur,rajasthan
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 341002125 for Merta City 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 341002125 of State Bank Of India, Merta City branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Merta City 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 -

>>Merta City

MICR code for SBI Merta City

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 Merta City 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. 341002125 is the MICR code of SBI Bank for Merta City branch. MICR code for Merta City 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 Merta City is presented in the table alongside.

Use of State Bank Of India MICR code for Merta City branch in merta city

The MICR code 341002125 is used in RBI cheque clearing process to identify the branch Merta City 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.