State Bank Of Hyderabad Jaggayyapet Krishna Andhra Pradesh MICR CODE

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

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MICR Code	521004175
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	Jaggayyapet
Contact	Mr. P.Devadas
Bank Details	State Bank Of Hyderabad Jaggayyapet SBHY0020170

Location	Jaggayyapet, Krishna
City	Jaggayyapet
District	Krishna
State	Andhra Pradesh
Pincode	521175
Country	IN
Address	Nataraj comoplex, vijawawada road, jaggaiahpet

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 521004175 for Jaggayyapet 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 521004175 of SBHYD Bank, Jaggayyapet branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Jaggayyapet 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 -

>>Jaggayyapet

MICR code for State Bank Of Hyderabad Jaggayyapet

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 Jaggayyapet 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. 521004175 is the MICR code of State Bank Of Hyderabad for Jaggayyapet branch. MICR code for Jaggayyapet 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 Jaggayyapet is presented in the table alongside.

Use of SBHYD Bank MICR code for Jaggayyapet branch in jaggayyapet

The MICR code 521004175 is used in RBI cheque clearing process to identify the branch Jaggayyapet 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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