State Bank Of Hyderabad Bantumilli Krishna Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Bantumilli Krishna 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 Bantumilli
Contact 08672-232109
Bank Details State Bank Of Hyderabad Bantumilli SBHY0021294
Location Bantumilli, Krishna
City Bantumilli
District Krishna
State Andhra Pradesh
Pincode 521324
Country IN
Address D no. 3-181/1, main road krishna district ap 521324
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 521004986 for Bantumilli 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 521004986 of SBHYD Bank, Bantumilli branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Bantumilli 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 -

>>Bantumilli

MICR code for State Bank Of Hyderabad Bantumilli

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 Bantumilli 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. 521004986 is the MICR code of State Bank Of Hyderabad for Bantumilli branch. MICR code for Bantumilli 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 Bantumilli is presented in the table alongside.

Use of SBHYD Bank MICR code for Bantumilli branch in bantumilli

The MICR code 521004986 is used in RBI cheque clearing process to identify the branch Bantumilli 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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