State Bank Of Hyderabad Chincholi Gulberga Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Chincholi Gulberga Karnataka

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MICR Code	585004307
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	Chincholi
Contact	Channappa Basappa Hosamani
Bank Details	State Bank Of Hyderabad Chincholi SBHY0020232

Location	Chincholi, Gulberga
City	Chincholi
District	Gulberga
State	Karnataka
Pincode	585311
Country	IN
Address	Chincholi

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 585004307 for Chincholi 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 585004307 of SBHYD Bank, Chincholi branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Chincholi 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 -

>>Chincholi

MICR code for State Bank Of Hyderabad Chincholi

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 Chincholi 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. 585004307 is the MICR code of State Bank Of Hyderabad for Chincholi branch. MICR code for Chincholi 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 Chincholi is presented in the table alongside.

Use of SBHYD Bank MICR code for Chincholi branch in chincholi

The MICR code 585004307 is used in RBI cheque clearing process to identify the branch Chincholi 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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