State Bank Of Hyderabad Chivemula Nalgonda Andhra Pradesh MICR CODE

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

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MICR Code	508004313
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	Chivemula
Contact	Dodda Seetharamaiah
Bank Details	State Bank Of Hyderabad Chivemula SBHY0020643

Location	Chivemula, Nalgonda
City	Chivemula
District	Nalgonda
State	Andhra Pradesh
Pincode	508213
Country	IN
Address	Chivemula,teh.suryapet

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 508004313 for Chivemula 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 508004313 of SBHYD Bank, Chivemula branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Chivemula 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 -

>>Chivemula

MICR code for State Bank Of Hyderabad Chivemula

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 Chivemula 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. 508004313 is the MICR code of State Bank Of Hyderabad for Chivemula branch. MICR code for Chivemula 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 Chivemula is presented in the table alongside.

Use of SBHYD Bank MICR code for Chivemula branch in chivemula

The MICR code 508004313 is used in RBI cheque clearing process to identify the branch Chivemula 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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