SBI Nizamabad Nizamabad Andhra Pradesh MICR CODE

Find MICR Codes for SBI Nizamabad Nizamabad Andhra Pradesh

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MICR Code	503002002
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	Shradhanandgunj
Contact	Ip-900801
Bank Details	State Bank Of India Shradhanandgunj SBIN0007169

Location	Nizamabad, Nizamabad
City	Nizamabad
District	Nizamabad
State	Andhra Pradesh
Pincode
Country	IN
Address	H.no.6 2412 by 37,plot no.37,nizamabad

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 503002002 for Shradhanandgunj 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 503002002 of State Bank Of India, Shradhanandgunj branch makes the system almost error free and faster. Use of State Bank Of India MICR codes for Shradhanandgunj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 76 branches of State Bank Of India are available with micr code -

>>Ahmedpura Nizamabad >>Ankapoor >>Argul >>Armoor >>Arsapally Nizamabad >>Banswada >>Bheemgal >>Bhiknoor >>Bichkunda Adb >>Bodhan >>Chandur >>Choutpally >>Darpally >>Devanpally Finanical Inclusion >>Dichpally >>Donkal >>Dubba Sme Branch >>Gangasthan >>Indiranagar >>Jukkal >>Kamareddy >>Kanteshwar >>Khanapur >>Khudavanpur >>Kisannagar >>Kondapur >>Kotgiri >>Machareddy >>Madnoor >>Makloor >>Manchippa >>Mendora >>Mortad >>Navipet >>Nizamabad >>Nizamabad >>Nizamabad Main >>Nizamsagar >>Oad Zo Nizamabad >>Padgal >>Padkal >>Palem >>Pitlam >>Pitlam >>Pochampad >>Pothangal >>Pragatibhavan >>Pulkal >>Rajampet >>Rajaram Nagar Armoor >>Rbo Iv Nizamabad >>Rcpc Nizamabad >>Reddypet >>Rythu Nagar Mirzapur >>Salora >>Sarangapur >>Satapur >>Shivajinagar Nizamabad >>Shradhanandgunj >>Sikandrapur >>Subhashnagar >>Subriyal >>Tg University >>Thanakalan >>Thimmapur >>Thorlikonda >>Vannel B >>Varni >>Varni Road Nizamabad >>Velpur >>Vinayak Nagar >>Vinayak Nagar Nizamabad >>Yellareddy >>Yellareddy >>Yergatla >>Yerrapahad

MICR code for SBI Shradhanandgunj

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 Shradhanandgunj 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. 503002002 is the MICR code of SBI Bank for Shradhanandgunj branch. MICR code for Shradhanandgunj 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 Shradhanandgunj is presented in the table alongside.

Use of State Bank Of India MICR code for Shradhanandgunj branch in nizamabad

The MICR code 503002002 is used in RBI cheque clearing process to identify the branch Shradhanandgunj 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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