Sbm Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Sbm Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh

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MICR Code
Bank State Bank Of Mysore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahendra Hills
Contact 040-27732472
Bank Details State Bank Of Mysore Mahendra Hills SBMY0040462
Location Secunderabad Cantonment, Hyderabad Urban
City Secunderabad Cantonment
District Hyderabad Urban
State Andhra Pradesh
Pincode 500026
Country IN
Address Balaramraj hsg.soc.sec'bad-500026
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 500006004 for Mahendra Hills 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 500006004 of State Bank Of Mysore, Mahendra Hills branch makes the system almost error free and faster. Use of State Bank Of Mysore MICR codes for Mahendra Hills branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Mysore are available with micr code -

>>Mahendra Hills >>Secunderabad

MICR code for Sbm Bank Mahendra Hills

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 Mahendra Hills 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. 500006004 is the MICR code of Sbm Bank for Mahendra Hills branch. MICR code for Mahendra Hills 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 Mahendra Hills is presented in the table alongside.

Use of State Bank Of Mysore MICR code for Mahendra Hills branch in secunderabad cantonment

The MICR code 500006004 is used in RBI cheque clearing process to identify the branch Mahendra Hills 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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