State Bank Of Hyderabad Hoskote Bangalore Rural Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Hoskote Bangalore Rural Karnataka

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MICR Code	560004025
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	Hoskate
Contact	8027392141
Bank Details	State Bank Of Hyderabad Hoskate SBHY0021532

Location	Hoskote, Bangalore Rural
City	Hoskote
District	Bangalore Rural
State	Karnataka
Pincode	517408
Country	IN
Address	Door no 15-8 vnr complex lingayat street newpet palamaner dist chittor ap 517408

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 560004025 for Hoskate 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 560004025 of SBHYD Bank, Hoskate branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Hoskate 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 -

>>Hoskate

MICR code for State Bank Of Hyderabad Hoskate

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 Hoskate 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. 560004025 is the MICR code of State Bank Of Hyderabad for Hoskate branch. MICR code for Hoskate 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 Hoskate is presented in the table alongside.

Use of SBHYD Bank MICR code for Hoskate branch in hoskote

The MICR code 560004025 is used in RBI cheque clearing process to identify the branch Hoskate 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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