State Bank Of Hyderabad Mulkanoor Karimnagar Telangana MICR CODE

Find MICR Codes for State Bank Of Hyderabad Mulkanoor Karimnagar Telangana

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MICR Code	505004545
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	Elakaturty
Contact	9701579642
Bank Details	State Bank Of Hyderabad Elakaturty SBHY0022028

Location	Mulkanoor, Karimnagar
City	Mulkanoor
District	Karimnagar
State	Telangana
Pincode	505476
Country	IN
Address	H no 5 89 4e mulkanoor road elkaturthy village and mandal karimnagar district telangana 505476

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 505004545 for Elakaturty 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 505004545 of SBHYD Bank, Elakaturty branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Elakaturty 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 -

>>Elakaturty

MICR code for State Bank Of Hyderabad Elakaturty

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 Elakaturty 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. 505004545 is the MICR code of State Bank Of Hyderabad for Elakaturty branch. MICR code for Elakaturty 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 Elakaturty is presented in the table alongside.

Use of SBHYD Bank MICR code for Elakaturty branch in mulkanoor

The MICR code 505004545 is used in RBI cheque clearing process to identify the branch Elakaturty 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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