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 Mudfort Secunderabad
Contact 040-27842278 I.P - 900501
Bank Details State Bank Of India Mudfort Secunderabad SBIN0007111
Location Secunderabad, Hyderabad Urban
City Secunderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500009
Country IN
Address Near diamond point, sikh road secunderabad hyderabad, ap ,pin - 500009
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 500002051 for Mudfort 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 500002051 of State Bank Of India, Mudfort Secunderabad branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Mudfort Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for SBI Mudfort 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 Mudfort 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. 500002051 is the MICR code of SBI Bank for Mudfort Secunderabad branch. MICR code for Mudfort 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 Mudfort Secunderabad is presented in the table alongside.

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

The MICR code 500002051 is used in RBI cheque clearing process to identify the branch Mudfort 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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