State Bank Of Hyderabad Maski Raichur Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Maski Raichur Karnataka

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maski
Contact 08537-220055
Bank Details State Bank Of Hyderabad Maski SBHY0021363
Location Maski, Raichur
City Maski
District Raichur
State Karnataka
Pincode 584124
Country IN
Address 1-1-3, survey no.215/1, maski villege, lingsugur tq, raichur dist, karnataka - 584124
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 Maski 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, Maski branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Maski branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Maski

MICR code for State Bank Of Hyderabad Maski

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

Use of SBHYD Bank MICR code for Maski branch in maski

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