Shinhan Bank Ranga Reddy Ranga Reddy Telangana MICR CODE

Find MICR Codes for Shinhan Bank Ranga Reddy Ranga Reddy Telangana

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Shinhan Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ranga Reddy Branch
Contact	66352000
Bank Details	Shinhan Bank Ranga Reddy Branch SHBK0000007

Location	Ranga Reddy, Ranga Reddy
City	Ranga Reddy
District	Ranga Reddy
State	Telangana
Pincode	509301
Country	IN
Address	Shinhan bank, ranga reddy branch, unit l1 08, 1st floor, survey no.133, sln terminus, gachibowli, serilingampally mandal, ranga reddy district, telangana state 500032, india

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 0 for Ranga Reddy Branch 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 0 of Shinhan Bank, Ranga Reddy Branch branch makes the system almost error free and faster. Use of Shinhan Bank MICR codes for Ranga Reddy Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Shinhan Bank are available with micr code -

>>Ranga Reddy Branch

MICR code for Shinhan Bank Ranga Reddy Branch

Shinhan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Shinhan Bank MICR code for Ranga Reddy Branch 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. 0 is the MICR code of Shinhan Bank for Ranga Reddy Branch branch. MICR code for Ranga Reddy Branch 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 Shinhan Bank Ranga Reddy Branch is presented in the table alongside.

Use of Shinhan Bank MICR code for Ranga Reddy Branch branch in ranga reddy

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ranga Reddy Branch and Shinhan 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 Shinhan Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!