State Bank Of Hyderabad Daithana Parbhani Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Daithana Parbhani Maharashtra

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MICR Code	431004136
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	Daithana
Contact	Madhukar Keshav Rao Borikar
Bank Details	State Bank Of Hyderabad Daithana SBHY0020416

Location	Daithana, Parbhani
City	Daithana
District	Parbhani
State	Maharashtra
Pincode	431521
Country	IN
Address	Daithana

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 431004136 for Daithana 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 431004136 of SBHYD Bank, Daithana branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Daithana 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 -

>>Daithana

MICR code for State Bank Of Hyderabad Daithana

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 Daithana 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. 431004136 is the MICR code of State Bank Of Hyderabad for Daithana branch. MICR code for Daithana 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 Daithana is presented in the table alongside.

Use of SBHYD Bank MICR code for Daithana branch in daithana

The MICR code 431004136 is used in RBI cheque clearing process to identify the branch Daithana 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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