State Bank Of Hyderabad Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for State Bank Of Hyderabad Rajkot Rajkot Gujarat

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MICR Code	360004002
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	Rajkot
Contact	Mr Merwin Fernandes, Ph# 0281-2587093
Bank Details	State Bank Of Hyderabad Rajkot SBHY0020817

Location	Rajkot, Rajkot
City	Rajkot
District	Rajkot
State	Gujarat
Pincode	360005
Country	IN
Address	Mangal kiran, ground floor, kalawad main road, ramdham plot, rajkot - 360005

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 360004002 for Rajkot 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 360004002 of SBHYD Bank, Rajkot branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Rajkot 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 -

>>Rajkot

MICR code for State Bank Of Hyderabad Rajkot

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 Rajkot 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. 360004002 is the MICR code of State Bank Of Hyderabad for Rajkot branch. MICR code for Rajkot 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 Rajkot is presented in the table alongside.

Use of SBHYD Bank MICR code for Rajkot branch in rajkot

The MICR code 360004002 is used in RBI cheque clearing process to identify the branch Rajkot 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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