State Bank Of Hyderabad Nawabpet Ranga Reddy Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Nawabpet Ranga Reddy Andhra Pradesh

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MICR Code	501004111
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	Nawabpet
Contact	K V S Ram Krishna
Bank Details	State Bank Of Hyderabad Nawabpet SBHY0020544

Location	Nawabpet, Ranga Reddy
City	Nawabpet
District	Ranga Reddy
State	Andhra Pradesh
Pincode	501111
Country	IN
Address	Via.vikarabad, nawabpet, teh.vikarabad, 501111

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 501004111 for Nawabpet 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 501004111 of SBHYD Bank, Nawabpet branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Nawabpet 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 -

>>Nawabpet

MICR code for State Bank Of Hyderabad Nawabpet

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 Nawabpet 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. 501004111 is the MICR code of State Bank Of Hyderabad for Nawabpet branch. MICR code for Nawabpet 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 Nawabpet is presented in the table alongside.

Use of SBHYD Bank MICR code for Nawabpet branch in nawabpet

The MICR code 501004111 is used in RBI cheque clearing process to identify the branch Nawabpet 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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