State Bank Of Hyderabad Banglore Banglore Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Banglore Banglore Karnataka

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MICR Code	560004037
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	Koramangala
Contact	25539119
Bank Details	State Bank Of Hyderabad Koramangala SBHY0021854

Location	Banglore, Banglore
City	Banglore
District	Banglore
State	Karnataka
Pincode	560095
Country	IN
Address	Door no.32,7th cross, 6th block,koramangala,bangaluru urban dist 560095

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 560004037 for Koramangala 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 560004037 of SBHYD Bank, Koramangala branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Koramangala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Hyderabad are available with micr code -

>>Koramangala >>Zonal Office Banglore

MICR code for State Bank Of Hyderabad Koramangala

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 Koramangala 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. 560004037 is the MICR code of State Bank Of Hyderabad for Koramangala branch. MICR code for Koramangala 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 Koramangala is presented in the table alongside.

Use of SBHYD Bank MICR code for Koramangala branch in banglore

The MICR code 560004037 is used in RBI cheque clearing process to identify the branch Koramangala 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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