State Bank Of Travancore Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for State Bank Of Travancore Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500009002
Bank	State Bank Of Travancore
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hyderabad
Contact
Bank Details	State Bank Of Travancore Hyderabad SBTR0000264

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500195
Country	IN
Address	P.b.no.21, kushal chambers, ist floor, bank street, koti, hyderabad, andhra pradesh, pin-500195

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 500009002 for Hyderabad 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 500009002 of Sbt Bank, Hyderabad branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of State Bank Of Travancore are available with micr code -

>>Hyderabad >>Secunderabad

MICR code for State Bank Of Travancore Hyderabad

State Bank Of Travancore MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sbt Bank MICR code for Hyderabad 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. 500009002 is the MICR code of Travancore Bank for Hyderabad branch. MICR code for Hyderabad 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 Sbt Bank Hyderabad is presented in the table alongside.

Use of Sbt Bank MICR code for Hyderabad branch in hyderabad

The MICR code 500009002 is used in RBI cheque clearing process to identify the branch Hyderabad and Sbt 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 Travancore Bank is typically in either of these two font’s: E-138 and CMC-7.

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