State Bank Of Hyderabad Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Hyderabad Salem Salem Tamil Nadu

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarada College Road Salem
Contact
Bank Details State Bank Of Hyderabad Sarada College Road Salem SBHY0021724
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636006
Country IN
Address Sf no.88/36 p t,alagapuram village,advaithaashram road,fairlands.salem-636006
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 636004004 for Sarada College Road Salem 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 636004004 of SBHYD Bank, Sarada College Road Salem branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Sarada College Road Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Hyderabad are available with micr code -

>>Salem >>Sarada College Road Salem

MICR code for State Bank Of Hyderabad Sarada College Road Salem

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 Sarada College Road Salem 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. 636004004 is the MICR code of State Bank Of Hyderabad for Sarada College Road Salem branch. MICR code for Sarada College Road Salem 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 Sarada College Road Salem is presented in the table alongside.

Use of SBHYD Bank MICR code for Sarada College Road Salem branch in salem

The MICR code 636004004 is used in RBI cheque clearing process to identify the branch Sarada College Road Salem 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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