Let Others Know
×
LinkedIn
Email
WhatsApp

Sbm Bank Madanapalle Chittor Andhra Pradesh MICR CODE

Find MICR Codes for Sbm Bank Madanapalle Chittor Andhra Pradesh

MICR Code
Bank State Bank Of Mysore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madanapalle
Contact 08571-262017
Bank Details State Bank Of Mysore Madanapalle SBMY0040002
Location Madanapalle, Chittor
City Madanapalle
District Chittor
State Andhra Pradesh
Pincode 517325
Country IN
Address Madanapalle - 517 325
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.

Search Sbm Bank MICR Codes in chittor

You can search through MICR Codes of Andhra Pradesh branches in madanapalle of District chittor in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of State Bank Of Mysore are available with micr code -

>>Madanapalle

How to find MICR codes for Sbm Bank in madanapalle?

Sbm Bank madanapalle MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From State Bank Of Mysore MICR codes list for madanapalle, one can further search by branch name specified in the table. You can find MICR codes for all Sbm Bank madanapalle branches.

State Bank Of Mysore MICR code in madanapalle

Sbm Bank MICR code is a character recognition technology used by banks in the processing of cheques. State Bank Of Mysore MICR code for madanapalle branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Sbm Bank branches in madanapalle, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Sbm Bank MICR code for madanapalle branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Sbm Bank madanapalle branch, sprinted 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. Thus MICR code for State Bank Of Mysore madanapalle branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Sbm Bank MICR codes for madanapalle branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!