SBI Secunderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for SBI Secunderabad Hyderabad Urban Andhra Pradesh

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MICR Code
Bank State Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Defence Colony Secunderabad
Contact 040-27113943 27113005 27100099 040-27113005 (Fax) Ip-900611
Bank Details State Bank Of India Defence Colony Secunderabad SBIN0008025
Location Secunderabad, Hyderabad Urban
City Secunderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500094
Country IN
Address Neredmet x road, main road, secunderabad, disthyderabad, pin - 500094
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 500002042 for Defence Colony Secunderabad 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 500002042 of State Bank Of India, Defence Colony Secunderabad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Defence Colony Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Defence Colony Secunderabad

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 Defence Colony Secunderabad 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. 500002042 is the MICR code of SBI Bank for Defence Colony Secunderabad branch. MICR code for Defence Colony Secunderabad 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 Defence Colony Secunderabad is presented in the table alongside.

Use of State Bank Of India MICR code for Defence Colony Secunderabad branch in secunderabad

The MICR code 500002042 is used in RBI cheque clearing process to identify the branch Defence Colony Secunderabad 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.

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