State Bank Of Hyderabad Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for State Bank Of Hyderabad Bangalore Bangalore Urban Karnataka

Bank
State
District
City
Branch
Address

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	Begur
Contact	25745551
Bank Details	State Bank Of Hyderabad Begur SBHY0021873

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560068
Country	IN
Address	60 feet road , begur bangalore - 560068

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

A total of 33 branches of State Bank Of Hyderabad are available with micr code -

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MICR code for State Bank Of Hyderabad Begur

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

Use of SBHYD Bank MICR code for Begur branch in bangalore

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