State Bank Of Hyderabad Hyderabad Hyderabad Andhra Pradesh MICR CODE

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

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hydernagar
Contact 040-23051399
Bank Details State Bank Of Hyderabad Hydernagar SBHY0021393
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500085
Country IN
Address House no. 16-2-67/1, plot no. 1, cbcid colony, hydernagar, kookatpally, hyderabad - 500085
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 0 for Hydernagar 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 0 of SBHYD Bank, Hydernagar branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Hydernagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Hyderabad Hydernagar

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 Hydernagar 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. 0 is the MICR code of State Bank Of Hyderabad for Hydernagar branch. MICR code for Hydernagar 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 Hydernagar is presented in the table alongside.

Use of SBHYD Bank MICR code for Hydernagar branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hydernagar 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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