Sbm Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Sbm Bank Bangalore Bangalore Karnataka

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MICR Code	560006202
Bank	State Bank Of Mysore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hosakerehalli
Contact	9886977631
Bank Details	State Bank Of Mysore Hosakerehalli SBMY0041189

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560085
Country	IN
Address	No 23 24 kalabhavan kerekodi main road bsk iii stage hosakerehalli bangalore 560085

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 560006202 for Hosakerehalli 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 560006202 of State Bank Of Mysore, Hosakerehalli branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Hosakerehalli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of State Bank Of Mysore are available with micr code -

>>Aecs B Layout >>Ananthapura Gate >>Andrahalli >>Bellandur >>Bharathnagar Ii Phase >>Dairy Circle >>Electronic City >>Hesaraghatta Main Road >>Horamavu >>Hosakerehalli >>Hsr Ii Sector Parangipalya >>Kenchanapura Cross >>Naganathapura >>Nagavara >>Nayandahalli >>Srinagar >>Srinidhi Layout >>Subhashnagar >>Thindlu >>Vijaya Bank Layout >>Visvesvaraya Layout

MICR code for Sbm Bank Hosakerehalli

Sbm Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. State Bank Of Mysore MICR code for Hosakerehalli 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. 560006202 is the MICR code of Sbm Bank for Hosakerehalli branch. MICR code for Hosakerehalli 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 Mysore Hosakerehalli is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Hosakerehalli branch in bangalore

The MICR code 560006202 is used in RBI cheque clearing process to identify the branch Hosakerehalli and State Bank Of Mysore 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 Sbm Bank is typically in either of these two font’s: E-138 and CMC-7.

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