SBI Kondapur Ranga Reddy Andhra Pradesh MICR CODE

Find MICR Codes for SBI Kondapur Ranga Reddy Andhra Pradesh

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MICR Code	301002156
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	Gachibowli
Contact	9849296306, 9177770184
Bank Details	State Bank Of India Gachibowli SBIN0012941

Location	Kondapur, Ranga Reddy
City	Kondapur
District	Ranga Reddy
State	Andhra Pradesh
Pincode	500084
Country	IN
Address	Plot no 3,4 and 5,synos 196 and 199,kondapur,hyderabad,dist rangareddy500084

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 301002156 for Gachibowli 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 301002156 of State Bank Of India, Gachibowli branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Gachibowli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of India are available with micr code -

>>Gachibowli >>Kondapur

MICR code for SBI Gachibowli

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 Gachibowli 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. 301002156 is the MICR code of SBI Bank for Gachibowli branch. MICR code for Gachibowli 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 Gachibowli is presented in the table alongside.

Use of State Bank Of India MICR code for Gachibowli branch in kondapur

The MICR code 301002156 is used in RBI cheque clearing process to identify the branch Gachibowli 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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