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 Mahalakshmi Layout
Contact 080-23197061
Bank Details State Bank Of Hyderabad Mahalakshmi Layout SBHY0021158
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560086
Country IN
Address No 825/90 3rd main 13th cross mahalakshmi layout bengaluru 5600086
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 560004019 for Mahalakshmi Layout 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 560004019 of SBHYD Bank, Mahalakshmi Layout branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Mahalakshmi Layout branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Hyderabad Mahalakshmi Layout

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 Mahalakshmi Layout 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. 560004019 is the MICR code of State Bank Of Hyderabad for Mahalakshmi Layout branch. MICR code for Mahalakshmi Layout 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 Mahalakshmi Layout is presented in the table alongside.

Use of SBHYD Bank MICR code for Mahalakshmi Layout branch in bangalore

The MICR code 560004019 is used in RBI cheque clearing process to identify the branch Mahalakshmi Layout 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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