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SBI Ernakulam Ernakulam Kerala MICR CODE

Find MICR Codes for SBI Ernakulam Ernakulam Kerala

MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Stressed Assets Recovery Centre (Sarc) Ernakulam
Contact 0484-2382252, 2382253
Bank Details State Bank Of India Stressed Assets Recovery Centre (Sarc) Ernakulam SBIN0005182
Location Ernakulam, Ernakulam
City Ernakulam
District Ernakulam
State Kerala
Pincode 682011
Country IN
Address Dist ernakulam
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 682002075 for Stressed Assets Recovery Centre (Sarc) Ernakulam 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 682002075 of State Bank Of India, Stressed Assets Recovery Centre (Sarc) Ernakulam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Stressed Assets Recovery Centre (Sarc) Ernakulam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Stressed Assets Recovery Centre (Sarc) Ernakulam

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 Stressed Assets Recovery Centre (Sarc) Ernakulam 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. 682002075 is the MICR code of SBI Bank for Stressed Assets Recovery Centre (Sarc) Ernakulam branch. MICR code for Stressed Assets Recovery Centre (Sarc) Ernakulam 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 Stressed Assets Recovery Centre (Sarc) Ernakulam is presented in the table alongside.

Use of State Bank Of India MICR code for Stressed Assets Recovery Centre (Sarc) Ernakulam branch in ernakulam

The MICR code 682002075 is used in RBI cheque clearing process to identify the branch Stressed Assets Recovery Centre (Sarc) Ernakulam 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.