State Bank Of Hyderabad Kada Beed Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Kada Beed Maharashtra

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MICR Code	414004927
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	Kada
Contact	Baburao B Mali
Bank Details	State Bank Of Hyderabad Kada SBHY0020297

Location	Kada, Beed
City	Kada
District	Beed
State	Maharashtra
Pincode	414202
Country	IN
Address	Kada,ashti taluk

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 414004927 for Kada 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 414004927 of SBHYD Bank, Kada branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Kada 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 -

>>Kada

MICR code for State Bank Of Hyderabad Kada

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 Kada 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. 414004927 is the MICR code of State Bank Of Hyderabad for Kada branch. MICR code for Kada 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 Kada is presented in the table alongside.

Use of SBHYD Bank MICR code for Kada branch in kada

The MICR code 414004927 is used in RBI cheque clearing process to identify the branch Kada 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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