State Bank Of Hyderabad Murbad Thane Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Murbad Thane Maharashtra

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MICR Code	400004045
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	Murbad
Contact	9833688812
Bank Details	State Bank Of Hyderabad Murbad SBHY0022035

Location	Murbad, Thane
City	Murbad
District	Thane
State	Maharashtra
Pincode	421401
Country	IN
Address	Murbad thane maharashtra

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 400004045 for Murbad 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 400004045 of SBHYD Bank, Murbad branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Murbad 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 -

>>Murbad

MICR code for State Bank Of Hyderabad Murbad

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 Murbad 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. 400004045 is the MICR code of State Bank Of Hyderabad for Murbad branch. MICR code for Murbad 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 Murbad is presented in the table alongside.

Use of SBHYD Bank MICR code for Murbad branch in murbad

The MICR code 400004045 is used in RBI cheque clearing process to identify the branch Murbad 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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