State Bank Of Hyderabad Anantapur Anantpur Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Anantapur Anantpur 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 Anantapur
Contact M Sreedhar
Bank Details State Bank Of Hyderabad Anantapur SBHY0020575
Location Anantapur, Anantpur
City Anantapur
District Anantpur
State Andhra Pradesh
Pincode 515005
Country IN
Address D.no.18/161-a guru datta complex,old town,anantapur,515005
MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anantapur
Contact Nc Damodar 08554-248821,248886
Bank Details State Bank Of Hyderabad Anantapur SBHY0020992
Location Anantapur, Anantpur
City Anantapur
District Anantpur
State Andhra Pradesh
Pincode 515001
Country IN
Address Kvn reddy complex, ramnagar main road, anathapur 515001
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 505004382 for Anantapur 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 505004382 of SBHYD Bank, Anantapur branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Anantapur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Anantapur >>Anantapur

MICR code for State Bank Of Hyderabad Anantapur

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 Anantapur 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. 505004382 is the MICR code of State Bank Of Hyderabad for Anantapur branch. MICR code for Anantapur 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 Anantapur is presented in the table alongside.

Use of SBHYD Bank MICR code for Anantapur branch in anantapur

The MICR code 505004382 is used in RBI cheque clearing process to identify the branch Anantapur 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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