SBI Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for SBI Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500002046
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	Hyderabad Public School Hyderabad
Contact	040-23753511 040-23753512 ip-900446
Bank Details	State Bank Of India Hyderabad Public School Hyderabad SBIN0002728

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500016
Country	IN
Address	D.no. 7158,concourse commercial complex,ameerpet,hyderabad pin500016

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.

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Hyderabad Public School Hyderabad (500002046)

How does MICR code 500002046 for Hyderabad Public School Hyderabad 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 500002046 of State Bank Of India, Hyderabad Public School Hyderabad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Hyderabad Public School Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 107 branches of State Bank Of India are available with micr code -

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MICR code for SBI Hyderabad Public School Hyderabad

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 Hyderabad Public School Hyderabad 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. 500002046 is the MICR code of SBI Bank for Hyderabad Public School Hyderabad branch. MICR code for Hyderabad Public School Hyderabad 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 Hyderabad Public School Hyderabad is presented in the table alongside.

Use of State Bank Of India MICR code for Hyderabad Public School Hyderabad branch in hyderabad

The MICR code 500002046 is used in RBI cheque clearing process to identify the branch Hyderabad Public School Hyderabad 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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