State Bank Of Hyderabad Allagadda Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Allagadda Kurnool Andhra Pradesh

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Allagadda
Contact 08519-222044,9440344944
Bank Details State Bank Of Hyderabad Allagadda SBHY0021651
Location Allagadda, Kurnool
City Allagadda
District Kurnool
State Andhra Pradesh
Pincode 518543
Country IN
Address H.no.8-5-10,national highway road,near 4road circle,allagada,kurnool dist.
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 Allagadda 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 SBHYD Bank, Allagadda branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Allagadda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of State Bank Of Hyderabad are available with micr code -

>>Allagadda

MICR code for State Bank Of Hyderabad Allagadda

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

Use of SBHYD Bank MICR code for Allagadda branch in allagadda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Allagadda and SBHYD 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 State Bank Of Hyderabad is typically in either of these two font’s: E-138 and CMC-7.

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