State Bank Of Hyderabad Mahbubnagar Mehboobnagar Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Mahbubnagar Mehboobnagar Andhra Pradesh

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MICR Code	509004129
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	Collectorate Complex Mahabubnagar
Contact	08542-245439
Bank Details	State Bank Of Hyderabad Collectorate Complex Mahabubnagar SBHY0021102

Location	Mahbubnagar, Mehboobnagar
City	Mahbubnagar
District	Mehboobnagar
State	Andhra Pradesh
Pincode	509001
Country	IN
Address	Collectorate complex branch,collectorate office opp bus stand mahabubnagar 509001

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.

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Collectorate Complex Mahabubnagar (509004129)

How does MICR code 509004129 for Collectorate Complex Mahabubnagar 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 509004129 of SBHYD Bank, Collectorate Complex Mahabubnagar branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Collectorate Complex Mahabubnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of State Bank Of Hyderabad are available with micr code -

>>Collectorate Complex Mahabubnagar >>Mahbubnagar >>Mahbubnagar >>Mahbubnagar >>Mahbubnagar >>Mahbubnagar >>Mahbubnagar

MICR code for State Bank Of Hyderabad Collectorate Complex Mahabubnagar

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 Collectorate Complex Mahabubnagar 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. 509004129 is the MICR code of State Bank Of Hyderabad for Collectorate Complex Mahabubnagar branch. MICR code for Collectorate Complex Mahabubnagar 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 Collectorate Complex Mahabubnagar is presented in the table alongside.

Use of SBHYD Bank MICR code for Collectorate Complex Mahabubnagar branch in mahbubnagar

The MICR code 509004129 is used in RBI cheque clearing process to identify the branch Collectorate Complex Mahabubnagar 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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