Shamrao Vithal Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Shamrao Vithal Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Shamrao Vithal Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Secunderabad Ucb Musheerabad
Contact 4027673537
Bank Details Shamrao Vithal Co-Op Bank Ltd Secunderabad Ucb Musheerabad SVCB0029002
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500020
Country IN
Address 1 4 908,7,2,b,1 to 4, musheerabad, hyderabad, 500020
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 500143262 for Secunderabad Ucb Musheerabad 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 500143262 of Shamrao Bank, Secunderabad Ucb Musheerabad branch makes the system almost error free and faster. Use of Shamrao Bank MICR codes for Secunderabad Ucb Musheerabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Shamrao Vithal Co-Op Bank Ltd are available with micr code -

>>Hyderabad >>Secunderabad Ucb Musheerabad >>Sri Bharathi Coop Bk Himayathngr >>Tirumala Coop Urb Bk Malakpet Hyd

MICR code for Shamrao Vithal Bank Secunderabad Ucb Musheerabad

Shamrao Vithal Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shamrao Bank MICR code for Secunderabad Ucb Musheerabad 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. 500143262 is the MICR code of SVC Bank for Secunderabad Ucb Musheerabad branch. MICR code for Secunderabad Ucb Musheerabad 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 Shamrao Bank Secunderabad Ucb Musheerabad is presented in the table alongside.

Use of Shamrao Bank MICR code for Secunderabad Ucb Musheerabad branch in hyderabad

The MICR code 500143262 is used in RBI cheque clearing process to identify the branch Secunderabad Ucb Musheerabad and Shamrao Bank 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 SVC Bank is typically in either of these two font’s: E-138 and CMC-7.

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