State Bank Of Hyderabad Markapur Prakasam Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Markapur Prakasam Andhra Pradesh

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Markapur
Contact 8596-223655
Bank Details State Bank Of Hyderabad Markapur SBHY0021204
Location Markapur, Prakasam
City Markapur
District Prakasam
State Andhra Pradesh
Pincode 523316
Country IN
Address Tvcr complex, new bajaj showroom college road, markapur prakasham dist, ap 523316
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.

Search State Bank Of Hyderabad MICR Codes in prakasam

You can search through MICR Codes of Andhra Pradesh branches in markapur of District prakasam in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of State Bank Of Hyderabad are available with micr code -

>>Markapur

How to find MICR codes for State Bank Of Hyderabad in markapur?

State Bank Of Hyderabad markapur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From SBHYD Bank MICR codes list for markapur, one can further search by branch name specified in the table. You can find MICR codes for all State Bank Of Hyderabad markapur branches.

SBHYD Bank MICR code in markapur

State Bank Of Hyderabad MICR code is a character recognition technology used by banks in the processing of cheques. SBHYD Bank MICR code for markapur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for State Bank Of Hyderabad branches in markapur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does State Bank Of Hyderabad MICR code for markapur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a State Bank Of Hyderabad markapur branch, sprinted 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. Thus MICR code for SBHYD Bank markapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of State Bank Of Hyderabad MICR codes for markapur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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