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SBI Yanam Yaman Pondicherry MICR CODE

Find MICR Codes for SBI Yanam Yaman Pondicherry

Bank
State
District
City
Branch
Address

MICR Code	533002117
Bank	State Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Yanam
Contact	Ip:902571 0884-2321058
Bank Details	State Bank Of India Yanam SBIN0002812

Location	Yanam, Yaman
City	Yanam
District	Yaman
State	Pondicherry
Pincode	533464
Country	IN
Address	Dist yanam pondicherry 533464

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 533002117 for Yanam 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 533002117 of State Bank Of India, Yanam branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Yanam 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 -

>>Yanam

MICR code for SBI Yanam

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 Yanam 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. 533002117 is the MICR code of SBI Bank for Yanam branch. MICR code for Yanam 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 Yanam is presented in the table alongside.

Use of State Bank Of India MICR code for Yanam branch in yanam

The MICR code 533002117 is used in RBI cheque clearing process to identify the branch Yanam 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.