State Bank Of Hyderabad Peenya Bangalore Urban Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Peenya Bangalore Urban Karnataka

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MICR Code	560004021
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	Peenya Indl. Area Br.
Contact	09980620337
Bank Details	State Bank Of Hyderabad Peenya Indl. Area Br. SBHY0021366

Location	Peenya, Bangalore Urban
City	Peenya
District	Bangalore Urban
State	Karnataka
Pincode	560058
Country	IN
Address	108e, 1st floor, opp. Esi hospital, iii phase, peena industrial area, bengaluru - 560058

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 560004021 for Peenya Indl. Area Br. 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 560004021 of SBHYD Bank, Peenya Indl. Area Br. branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Peenya Indl. Area Br. 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 -

>>Peenya Indl. Area Br.

MICR code for State Bank Of Hyderabad Peenya Indl. Area Br.

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 Peenya Indl. Area Br. 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. 560004021 is the MICR code of State Bank Of Hyderabad for Peenya Indl. Area Br. branch. MICR code for Peenya Indl. Area Br. 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 Peenya Indl. Area Br. is presented in the table alongside.

Use of SBHYD Bank MICR code for Peenya Indl. Area Br. branch in peenya

The MICR code 560004021 is used in RBI cheque clearing process to identify the branch Peenya Indl. Area Br. 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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