State Bank Of Hyderabad Chityal Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Chityal Nalgonda 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 Chityal
Contact Chaturvedula V Satyanarayana Murthy
Bank Details State Bank Of Hyderabad Chityal SBHY0020567
Location Chityal, Nalgonda
City Chityal
District Nalgonda
State Andhra Pradesh
Pincode 508114
Country IN
Address 6-38/13, main rd., chityal, teh.nalgonda, 508114
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 508004171 for Chityal 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 508004171 of SBHYD Bank, Chityal branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Chityal 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 -

>>Chityal

MICR code for State Bank Of Hyderabad Chityal

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 Chityal 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. 508004171 is the MICR code of State Bank Of Hyderabad for Chityal branch. MICR code for Chityal 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 Chityal is presented in the table alongside.

Use of SBHYD Bank MICR code for Chityal branch in chityal

The MICR code 508004171 is used in RBI cheque clearing process to identify the branch Chityal 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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