State Bank Of Hyderabad Thane Thane Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Thane Thane Maharashtra

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koparkhairane
Contact 8691029919
Bank Details State Bank Of Hyderabad Koparkhairane SBHY0022092
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400709
Country IN
Address Shop no 3 4 5 the residency co op society plot no 62 sec 2 a koparkhairane navi mumbai 400709
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 Koparkhairane 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, Koparkhairane branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Koparkhairane 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 -

>>Badlapur >>Ghodbunder Road Patlipada >>Jawhar Branch >>Kolshet Road Thane >>Kon >>Koparkhairane >>Shahapur Thane

MICR code for State Bank Of Hyderabad Koparkhairane

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 Koparkhairane 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 Koparkhairane branch. MICR code for Koparkhairane 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 Koparkhairane is presented in the table alongside.

Use of SBHYD Bank MICR code for Koparkhairane branch in thane

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