State Bank Of Hyderabad Bangalore Bangalore Urban Karnataka MICR CODE

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

MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandralayout Bangalore
Contact 080-23184191
Bank Details State Bank Of Hyderabad Chandralayout Bangalore SBHY0021252
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560040
Country IN
Address Plot no 4 80 feet road chandra layout bangalore 560040
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 Chandralayout Bangalore 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, Chandralayout Bangalore branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Chandralayout Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Hyderabad Chandralayout Bangalore

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 Chandralayout Bangalore 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 Chandralayout Bangalore branch. MICR code for Chandralayout Bangalore 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 Chandralayout Bangalore is presented in the table alongside.

Use of SBHYD Bank MICR code for Chandralayout Bangalore branch in bangalore

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