State Bank Of Hyderabad Renapur Latur Maharashtra MICR CODE

Find MICR Codes for State Bank Of Hyderabad Renapur Latur Maharashtra

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MICR Code	-NA-
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	Renapur
Contact	02382 233277
Bank Details	State Bank Of Hyderabad Renapur SBHY0021127

Location	Renapur, Latur
City	Renapur
District	Latur
State	Maharashtra
Pincode	413527
Country	IN
Address	Narayanrao akangire building near bus stand 413527

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

>>Renapur

MICR code for State Bank Of Hyderabad Renapur

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 Renapur 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 Renapur branch. MICR code for Renapur 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 Renapur is presented in the table alongside.

Use of SBHYD Bank MICR code for Renapur branch in renapur

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