State Bank Of Hyderabad Shaligowraram Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Shaligowraram Nalgonda Andhra Pradesh

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MICR Code	508004310
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	Shaligowraram
Contact	Sankula Veereshalingam
Bank Details	State Bank Of Hyderabad Shaligowraram SBHY0020763

Location	Shaligowraram, Nalgonda
City	Shaligowraram
District	Nalgonda
State	Andhra Pradesh
Pincode	508210
Country	IN
Address	Shaligouraram(mandal), shaligowraram, 508210

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 508004310 for Shaligowraram 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 508004310 of SBHYD Bank, Shaligowraram branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Shaligowraram 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 -

>>Shaligowraram

MICR code for State Bank Of Hyderabad Shaligowraram

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 Shaligowraram 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. 508004310 is the MICR code of State Bank Of Hyderabad for Shaligowraram branch. MICR code for Shaligowraram 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 Shaligowraram is presented in the table alongside.

Use of SBHYD Bank MICR code for Shaligowraram branch in shaligowraram

The MICR code 508004310 is used in RBI cheque clearing process to identify the branch Shaligowraram 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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