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SBI Mushalpur Nalbari Assam MICR CODE

Find MICR Codes for SBI Mushalpur Nalbari Assam

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mushalpur
Contact Ip: Std -03627-234676
Bank Details State Bank Of India Mushalpur SBIN0005243
Location Mushalpur, Nalbari
City Mushalpur
District Nalbari
State Assam
Pincode
Country IN
Address Kadamtal road, mushalpur, distt. Baksa, btad, assam
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 781002521 for Mushalpur 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 781002521 of State Bank Of India, Mushalpur branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mushalpur 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 -

>>Mushalpur

MICR code for SBI Mushalpur

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 Mushalpur 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. 781002521 is the MICR code of SBI Bank for Mushalpur branch. MICR code for Mushalpur 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 Mushalpur is presented in the table alongside.

Use of State Bank Of India MICR code for Mushalpur branch in mushalpur

The MICR code 781002521 is used in RBI cheque clearing process to identify the branch Mushalpur 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.