State Bank Of Hyderabad Bangalore Urban Bangalore Urban Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Bangalore Urban Bangalore Urban Karnataka

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MICR Code	560004017
Bank	State Bank Of Hyderabad
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banashankari Bangalore
Contact	080-26796188
Bank Details	State Bank Of Hyderabad Banashankari Bangalore SBHY0021057

Location	Bangalore Urban, Bangalore Urban
City	Bangalore Urban
District	Bangalore Urban
State	Karnataka
Pincode	560085
Country	IN
Address	No 112, i st floor, 2nd a cross, katrig-uppe main road, banashankari 3 rd stage, bangalore-560085

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 560004017 for Banashankari Bangalore 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 560004017 of SBHYD Bank, Banashankari Bangalore branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Banashankari Bangalore 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 -

>>Banashankari Bangalore >>Chikkabanavara

MICR code for State Bank Of Hyderabad Banashankari Bangalore

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 Banashankari Bangalore 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. 560004017 is the MICR code of State Bank Of Hyderabad for Banashankari Bangalore branch. MICR code for Banashankari Bangalore 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 Banashankari Bangalore is presented in the table alongside.

Use of SBHYD Bank MICR code for Banashankari Bangalore branch in bangalore urban

The MICR code 560004017 is used in RBI cheque clearing process to identify the branch Banashankari Bangalore 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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