State Bank Of Hyderabad Nirmal Adilabad Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Nirmal Adilabad Andhra Pradesh

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shivaji Chowk Nirmal
Contact 9666516464
Bank Details State Bank Of Hyderabad Shivaji Chowk Nirmal SBHY0021848
Location Nirmal, Adilabad
City Nirmal
District Adilabad
State Andhra Pradesh
Pincode
Country IN
Address Mncl x road,shastri nagar,nirmal dist.adilabad
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 Shivaji Chowk Nirmal 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, Shivaji Chowk Nirmal branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Shivaji Chowk Nirmal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of State Bank Of Hyderabad are available with micr code -

>>Nirmal >>Nirmal >>Shivaji Chowk Nirmal

MICR code for State Bank Of Hyderabad Shivaji Chowk Nirmal

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 Shivaji Chowk Nirmal 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 Shivaji Chowk Nirmal branch. MICR code for Shivaji Chowk Nirmal 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 Shivaji Chowk Nirmal is presented in the table alongside.

Use of SBHYD Bank MICR code for Shivaji Chowk Nirmal branch in nirmal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shivaji Chowk Nirmal 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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