State Bank Of Hyderabad Nashik Nasik Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Nashik Nasik Maharashtra

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MICR Code	422004003
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	Kamathwade Nasik
Contact	0253-2350472
Bank Details	State Bank Of Hyderabad Kamathwade Nasik SBHY0021196

Location	Nashik, Nasik
City	Nashik
District	Nasik
State	Maharashtra
Pincode	422010
Country	IN
Address	Shop no 1 to 4 spectrum residency khutwad nagar near dgp nagar kamathwade nasik 422010

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 422004003 for Kamathwade Nasik 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 422004003 of SBHYD Bank, Kamathwade Nasik branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Kamathwade Nasik branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of State Bank Of Hyderabad are available with micr code -

>>Gangapur Road Nashik >>Indira Naganasik >>Jail Road Nashik >>Kamathwade Nasik >>Kathe Lane Nasik >>Mid Corporate Branch Nashik >>Regional Office Region Vi Nasik

MICR code for State Bank Of Hyderabad Kamathwade Nasik

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 Kamathwade Nasik 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. 422004003 is the MICR code of State Bank Of Hyderabad for Kamathwade Nasik branch. MICR code for Kamathwade Nasik 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 Kamathwade Nasik is presented in the table alongside.

Use of SBHYD Bank MICR code for Kamathwade Nasik branch in nashik

The MICR code 422004003 is used in RBI cheque clearing process to identify the branch Kamathwade Nasik 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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