State Bank Of Hyderabad Raichur Raichur Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Raichur Raichur Karnataka

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sindhnoor Rural(R H Colony)
Contact 9845772051
Bank Details State Bank Of Hyderabad Sindhnoor Rural(R H Colony) SBHY0021527
Location Raichur, Raichur
City Raichur
District Raichur
State Karnataka
Pincode 584143
Country IN
Address Pacs annex.building.r.h.colony,-2 sindhnoor-584143.tq.sindhnoor dist.raichur
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 Sindhnoor Rural(R H Colony) 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, Sindhnoor Rural(R H Colony) branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Sindhnoor Rural(R H Colony) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of State Bank Of Hyderabad are available with micr code -

>>Hirekotnekal >>Mantralayam Road Raichur >>Nijlingappa Colony Raichur >>Not Available >>Raichur >>Raichur >>Raichur >>Raichur >>Rims Raichur >>Sindhnoor Rural(R H Colony) >>Treasury Br.Raichur

MICR code for State Bank Of Hyderabad Sindhnoor Rural(R H Colony)

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 Sindhnoor Rural(R H Colony) 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 Sindhnoor Rural(R H Colony) branch. MICR code for Sindhnoor Rural(R H Colony) 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 Sindhnoor Rural(R H Colony) is presented in the table alongside.

Use of SBHYD Bank MICR code for Sindhnoor Rural(R H Colony) branch in raichur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sindhnoor Rural(R H Colony) 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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