State Bank Of Hyderabad Bidar Bidar Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Bidar Bidar 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 Bidar
Contact G Basavaraj
Bank Details State Bank Of Hyderabad Bidar SBHY0020237
Location Bidar, Bidar
City Bidar
District Bidar
State Karnataka
Pincode 585403
Country IN
Address Station road,bidar,bidar p.o.
MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bidar
Contact Nagendra D Shinde
Bank Details State Bank Of Hyderabad Bidar SBHY0020250
Location Bidar, Bidar
City Bidar
District Bidar
State Karnataka
Pincode 585401
Country IN
Address Jabshetty complex,gandhi gunj rd,bidar,585401
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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 585004321 for Bidar 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 585004321 of SBHYD Bank, Bidar branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Bidar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of State Bank Of Hyderabad are available with micr code -

>>Anadoor >>Bidar >>Bidar >>Bidar >>Bidar >>Chidri Road Bidar >>Gumpa Road Bidar >>Naubad >>Vidyanagar

MICR code for State Bank Of Hyderabad Bidar

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 Bidar 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. 585004321 is the MICR code of State Bank Of Hyderabad for Bidar branch. MICR code for Bidar 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 Bidar is presented in the table alongside.

Use of SBHYD Bank MICR code for Bidar branch in bidar

The MICR code 585004321 is used in RBI cheque clearing process to identify the branch Bidar 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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