State Bank Of Hyderabad Thumkunta Ranga Reddy Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Thumkunta Ranga Reddy 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 Nisa Hakimpet
Contact 040-27773303
Bank Details State Bank Of Hyderabad Nisa Hakimpet SBHY0021051
Location Thumkunta, Ranga Reddy
City Thumkunta
District Ranga Reddy
State Andhra Pradesh
Pincode 500078
Country IN
Address Beside hakimpet bus depot, shameerpet mandal, ap-500078
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 Nisa Hakimpet 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, Nisa Hakimpet branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Nisa Hakimpet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of Hyderabad are available with micr code -

>>Jawahar Nagar Bits Campus >>Nisa Hakimpet >>Thumkunta

MICR code for State Bank Of Hyderabad Nisa Hakimpet

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 Nisa Hakimpet 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 Nisa Hakimpet branch. MICR code for Nisa Hakimpet 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 Nisa Hakimpet is presented in the table alongside.

Use of SBHYD Bank MICR code for Nisa Hakimpet branch in thumkunta

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