State Bank Of Hyderabad Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Hubli Dharwad Dharwad Karnataka

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hubli Dharwad
Contact 0836-2443850
Bank Details State Bank Of Hyderabad Hubli Dharwad SBHY0020727
Location Hubli Dharwad, Dharwad
City Hubli Dharwad
District Dharwad
State Karnataka
Pincode 580007
Country IN
Address Malmaddi station road, dharward 580 007
MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hubli Dharwad
Contact 0836-2265163
Bank Details State Bank Of Hyderabad Hubli Dharwad SBHY0020824
Location Hubli Dharwad, Dharwad
City Hubli Dharwad
District Dharwad
State Karnataka
Pincode 580020
Country IN
Address Coen road, hubli 580020
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 580004051 for Hubli Dharwad 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 580004051 of SBHYD Bank, Hubli Dharwad branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Hubli Dharwad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of State Bank Of Hyderabad are available with micr code -

>>Gokul Road Hubli >>Hubli Dharwad >>Hubli Dharwad >>Keshava Pur Hubli

MICR code for State Bank Of Hyderabad Hubli Dharwad

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 Hubli Dharwad 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. 580004051 is the MICR code of State Bank Of Hyderabad for Hubli Dharwad branch. MICR code for Hubli Dharwad 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 Hubli Dharwad is presented in the table alongside.

Use of SBHYD Bank MICR code for Hubli Dharwad branch in hubli dharwad

The MICR code 580004051 is used in RBI cheque clearing process to identify the branch Hubli Dharwad 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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