SBI Secunderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for SBI Secunderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500002047
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	M.G. Road Secunderabad
Contact	040-27543331 ,27542741(F), 900262
Bank Details	State Bank Of India M.G. Road Secunderabad SBIN0003032

Location	Secunderabad, Hyderabad Urban
City	Secunderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500003
Country	IN
Address	James street, opp.sundaram motors, raniganj, secunderabad, 500003

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 500002047 for M.G. Road 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 500002047 of State Bank Of India, M.G. Road Secunderabad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for M.G. Road Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of State Bank Of India are available with micr code -

>>Bible House (R P Road) Secunderabad >>Commercial Branch Secunerabad >>Defence Colony Secunderabad >>M.G. Road Secunderabad >>Market Street. Secunderabad >>Military College Of Electronics And Mech. Engg. (Mceme) >>Mudfort Secunderabad >>Pbb Sp Road Secunderabad >>St. Johns Road Secunderabad >>Trade Finance Cpc >>Warasiguda

MICR code for SBI M.G. Road 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 M.G. Road 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. 500002047 is the MICR code of SBI Bank for M.G. Road Secunderabad branch. MICR code for M.G. Road 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 M.G. Road Secunderabad is presented in the table alongside.

Use of State Bank Of India MICR code for M.G. Road Secunderabad branch in secunderabad

The MICR code 500002047 is used in RBI cheque clearing process to identify the branch M.G. Road 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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