State Bank Of Hyderabad Rangareddy Rangareddy Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Rangareddy Rangareddy 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 Suchitra Circle Rangareddy
Contact 9949287959
Bank Details State Bank Of Hyderabad Suchitra Circle Rangareddy SBHY0021842
Location Rangareddy, Rangareddy
City Rangareddy
District Rangareddy
State Andhra Pradesh
Pincode 560067
Country IN
Address Plot no.21 and 16,main road,suchitra area,qutubullapur,opp.bharat petrol pump,rangareddy dist 560067
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 Suchitra Circle Rangareddy 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, Suchitra Circle Rangareddy branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Suchitra Circle Rangareddy branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of State Bank Of Hyderabad are available with micr code -

>>Dundigal >>Korremula >>Nanakramguda >>Suchitra Circle Rangareddy >>Vijayapuri

MICR code for State Bank Of Hyderabad Suchitra Circle Rangareddy

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 Suchitra Circle Rangareddy 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 Suchitra Circle Rangareddy branch. MICR code for Suchitra Circle Rangareddy 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 Suchitra Circle Rangareddy is presented in the table alongside.

Use of SBHYD Bank MICR code for Suchitra Circle Rangareddy branch in rangareddy

The MICR code 0 is used in RBI cheque clearing process to identify the branch Suchitra Circle Rangareddy 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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