Fedral Bank Ranga Reddy District Hyderabad Telangana MICR CODE

Find MICR Codes for Fedral Bank Ranga Reddy District Hyderabad Telangana

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Federal Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hyderabad Nagole
Contact	91-6301804534
Bank Details	Federal Bank Ltd Hyderabad Nagole FDRL0002478

Location	Ranga Reddy District, Hyderabad
City	Ranga Reddy District
District	Hyderabad
State	Telangana
Pincode	500074
Country	IN
Address	3-12-73,plot no. 25,45,46, harsha towers, nagole main road, rock town colony, mansoorabad, l.b.nagar, nagole, ranga reddy district, hyderabad, telangana- 500074

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 0 for Hyderabad Nagole 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 0 of Federal Bank, Hyderabad Nagole branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Hyderabad Nagole branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Federal Bank Ltd are available with micr code -

>>Hyderabad Nagole

MICR code for Fedral Bank Hyderabad Nagole

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Hyderabad Nagole 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. 0 is the MICR code of Fedral Bank for Hyderabad Nagole branch. MICR code for Hyderabad Nagole 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 Federal Bank Hyderabad Nagole is presented in the table alongside.

Use of Federal Bank MICR code for Hyderabad Nagole branch in ranga reddy district

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hyderabad Nagole and Federal Bank 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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