State Bank Of Hyderabad Paradh Jalna Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Paradh Jalna Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	431004982
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	Paradh
Contact	Milind Bhaskar Rao
Bank Details	State Bank Of Hyderabad Paradh SBHY0020460

Location	Paradh, Jalna
City	Paradh
District	Jalna
State	Maharashtra
Pincode
Country	IN
Address	Paradh,bhokardan taluka

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 431004982 for Paradh 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 431004982 of SBHYD Bank, Paradh branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Paradh 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 -

>>Paradh

MICR code for State Bank Of Hyderabad Paradh

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 Paradh 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. 431004982 is the MICR code of State Bank Of Hyderabad for Paradh branch. MICR code for Paradh 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 Paradh is presented in the table alongside.

Use of SBHYD Bank MICR code for Paradh branch in paradh

The MICR code 431004982 is used in RBI cheque clearing process to identify the branch Paradh 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.

Copied!