State Bank Of Hyderabad Bhongir Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Bhongir Nalgonda Andhra Pradesh

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MICR Code	508004116
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	Bhongir
Contact	Sadam Karan Raj
Bank Details	State Bank Of Hyderabad Bhongir SBHY0020173

Location	Bhongir, Nalgonda
City	Bhongir
District	Nalgonda
State	Andhra Pradesh
Pincode	508116
Country	IN
Address	1-8-283 to 288,station road,bhongir,508116

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 508004116 for Bhongir 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 508004116 of SBHYD Bank, Bhongir branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Bhongir 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 -

>>Bhongir

MICR code for State Bank Of Hyderabad Bhongir

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 Bhongir 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. 508004116 is the MICR code of State Bank Of Hyderabad for Bhongir branch. MICR code for Bhongir 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 Bhongir is presented in the table alongside.

Use of SBHYD Bank MICR code for Bhongir branch in bhongir

The MICR code 508004116 is used in RBI cheque clearing process to identify the branch Bhongir 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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