State Bank Of Hyderabad Nidamanura Nalgonda Telangana MICR CODE

Find MICR Codes for State Bank Of Hyderabad Nidamanura Nalgonda Telangana

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MICR Code	508004664
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	Nidamanoor
Contact	272440
Bank Details	State Bank Of Hyderabad Nidamanoor SBHY0022026

Location	Nidamanura, Nalgonda
City	Nidamanura
District	Nalgonda
State	Telangana
Pincode	508278
Country	IN
Address	6 213 1 miryalguda road nidamanoor nalgonda dist telangana 508278

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 508004664 for Nidamanoor 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 508004664 of SBHYD Bank, Nidamanoor branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Nidamanoor 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 -

>>Nidamanoor

MICR code for State Bank Of Hyderabad Nidamanoor

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 Nidamanoor 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. 508004664 is the MICR code of State Bank Of Hyderabad for Nidamanoor branch. MICR code for Nidamanoor 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 Nidamanoor is presented in the table alongside.

Use of SBHYD Bank MICR code for Nidamanoor branch in nidamanura

The MICR code 508004664 is used in RBI cheque clearing process to identify the branch Nidamanoor 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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