State Bank Of Hyderabad Bangalore Bangalore Urban Karnataka MICR CODE

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

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore
Contact Mr.Ashok Hiroli, Dy.Manager
Bank Details State Bank Of Hyderabad Bangalore SBHY0020202
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560002
Country IN
Address 11/90, j.c.road bangalore 560 002
MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore
Contact P V G K Murthy
Bank Details State Bank Of Hyderabad Bangalore SBHY0020280
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560047
Country IN
Address Austin town,bangalore,560047
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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 560004002 for 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 560004002 of SBHYD Bank, Bangalore branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Hyderabad 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 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. 560004002 is the MICR code of State Bank Of Hyderabad for Bangalore branch. MICR code for 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 Bangalore is presented in the table alongside.

Use of SBHYD Bank MICR code for Bangalore branch in bangalore

The MICR code 560004002 is used in RBI cheque clearing process to identify the branch 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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