Let Others Know
×
LinkedIn
Email
WhatsApp

State Bank Of Hyderabad Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for State Bank Of Hyderabad Raipur Raipur Chhattisgarh

MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raipur
Contact
Bank Details State Bank Of Hyderabad Raipur SBHY0021482
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492001
Country IN
Address H.i.g 8 sector 1 shankar nagar raipur chattisgarh492001
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.

Search State Bank Of Hyderabad MICR Codes in raipur

You can search through MICR Codes of Chhattisgarh branches in raipur of District raipur in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of State Bank Of Hyderabad are available with micr code -

>>Raipur

How to find MICR codes for State Bank Of Hyderabad in raipur?

State Bank Of Hyderabad raipur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From SBHYD Bank MICR codes list for raipur, one can further search by branch name specified in the table. You can find MICR codes for all State Bank Of Hyderabad raipur branches.

SBHYD Bank MICR code in raipur

State Bank Of Hyderabad MICR code is a character recognition technology used by banks in the processing of cheques. SBHYD Bank MICR code for raipur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for State Bank Of Hyderabad branches in raipur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does State Bank Of Hyderabad MICR code for raipur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a State Bank Of Hyderabad raipur branch, sprinted 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. Thus MICR code for SBHYD Bank raipur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of State Bank Of Hyderabad MICR codes for raipur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!