State Bank Of Hyderabad Latur Latur Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Latur Latur 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 Latur
Contact Mr. P.M.Kulkarni
Bank Details State Bank Of Hyderabad Latur SBHY0020037
Location Latur, Latur
City Latur
District Latur
State Maharashtra
Pincode 431512
Country IN
Address Chaman nagar, latur 431 512 maharastra
MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Latur
Contact C P Kulkarni
Bank Details State Bank Of Hyderabad Latur SBHY0020363
Location Latur, Latur
City Latur
District Latur
State Maharashtra
Pincode 413512
Country IN
Address Barsi road,tilaknagar, latur-413 512
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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 413004121 for Latur 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 413004121 of SBHYD Bank, Latur branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Latur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of State Bank Of Hyderabad are available with micr code -

>>Ambajogai Road Latur >>Arvi >>Barshi Road Latur >>Collectorate Complex Latur >>Harangul >>Latur >>Latur >>Latur >>Market Yard Latur >>Regional Office Region V Latur

MICR code for State Bank Of Hyderabad Latur

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 Latur 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. 413004121 is the MICR code of State Bank Of Hyderabad for Latur branch. MICR code for Latur 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 Latur is presented in the table alongside.

Use of SBHYD Bank MICR code for Latur branch in latur

The MICR code 413004121 is used in RBI cheque clearing process to identify the branch Latur 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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