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Sbm Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Sbm Bank Chennai Chennai Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	600006012
Bank	State Bank Of Mysore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ifb Chennai
Contact	044-23347235
Bank Details	State Bank Of Mysore Ifb Chennai SBMY0040559

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600006
Country	IN
Address	576, 2nd floor,m o h bldgs anna salai teynampet chennai-600006

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 600006012 for Ifb Chennai 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 600006012 of State Bank Of Mysore, Ifb Chennai branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Ifb Chennai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of State Bank Of Mysore are available with micr code -

>>Abhiramapuram >>Ambattur >>Chennai Main >>Chrompet >>Ifb Chennai >>K K Nagar >>Kilpauk >>Koyambedu >>Madipakkam >>Pbb Annanagar >>Santhome >>Service Br Chennai >>Shastrinagar >>St.Thomas Mount >>T Nagar >>Tfcpc Chennai >>Thanikachalam Road >>Thiruvanmiyur >>Triplicane >>Velacherry >>Whites Road

MICR code for Sbm Bank Ifb Chennai

Sbm Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of Mysore MICR code for Ifb Chennai 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. 600006012 is the MICR code of Sbm Bank for Ifb Chennai branch. MICR code for Ifb Chennai 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 Mysore Ifb Chennai is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Ifb Chennai branch in chennai

The MICR code 600006012 is used in RBI cheque clearing process to identify the branch Ifb Chennai and State Bank Of Mysore 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 Sbm Bank is typically in either of these two font’s: E-138 and CMC-7.