State Bank Of Hyderabad Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Vijayawada Krishna 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 Vijayawada
Contact Deverapalli Veeraiah
Bank Details State Bank Of Hyderabad Vijayawada SBHY0020169
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520001
Country IN
Address Gandhi nagar, vijayawada-3
MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijayawada
Contact Malladi Murali Krishna
Bank Details State Bank Of Hyderabad Vijayawada SBHY0020343
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520002
Country IN
Address Besent road,governorpet branch,vijayawada-520002
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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 520004004 for Vijayawada 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 520004004 of SBHYD Bank, Vijayawada branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Vijayawada branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Hyderabad Vijayawada

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 Vijayawada 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. 520004004 is the MICR code of State Bank Of Hyderabad for Vijayawada branch. MICR code for Vijayawada 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 Vijayawada is presented in the table alongside.

Use of SBHYD Bank MICR code for Vijayawada branch in vijayawada

The MICR code 520004004 is used in RBI cheque clearing process to identify the branch Vijayawada 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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