State Bank Of Hyderabad Bidar Bidar Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Bidar Bidar Karnataka

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MICR Code	-NA-
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	Vidyanagar
Contact	08482-22610
Bank Details	State Bank Of Hyderabad Vidyanagar SBHY0021132

Location	Bidar, Bidar
City	Bidar
District	Bidar
State	Karnataka
Pincode	585403
Country	IN
Address	Kalpana estate vidyanagar colony bvb collage road bidar 585403

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 Vidyanagar 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, Vidyanagar branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Vidyanagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of State Bank Of Hyderabad are available with micr code -

>>Anadoor >>Bidar >>Bidar >>Bidar >>Bidar >>Chidri Road Bidar >>Gumpa Road Bidar >>Naubad >>Vidyanagar

MICR code for State Bank Of Hyderabad Vidyanagar

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 Vidyanagar 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 Vidyanagar branch. MICR code for Vidyanagar 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 Vidyanagar is presented in the table alongside.

Use of SBHYD Bank MICR code for Vidyanagar branch in bidar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vidyanagar 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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