State Bank Of Hyderabad Nekkonda Warangal Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Nekkonda Warangal 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 Nekkonda
Contact Eshwara Pragada Dharma Rao
Bank Details State Bank Of Hyderabad Nekkonda SBHY0020315
Location Nekkonda, Warangal
City Nekkonda
District Warangal
State Andhra Pradesh
Pincode 506122
Country IN
Address D no.2-260,narsampet road,nekkonda,506122
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 206004122 for Nekkonda 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 206004122 of SBHYD Bank, Nekkonda branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Nekkonda 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 -

>>Nekkonda

MICR code for State Bank Of Hyderabad Nekkonda

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 Nekkonda 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. 206004122 is the MICR code of State Bank Of Hyderabad for Nekkonda branch. MICR code for Nekkonda 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 Nekkonda is presented in the table alongside.

Use of SBHYD Bank MICR code for Nekkonda branch in nekkonda

The MICR code 206004122 is used in RBI cheque clearing process to identify the branch Nekkonda 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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