State Bank Of Hyderabad Nalgonda Nalgonda Telangana MICR CODE

Find MICR Codes for State Bank Of Hyderabad Nalgonda Nalgonda Telangana

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MICR Code	508004008
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	Ramagiri Nalgonda
Contact	-
Bank Details	State Bank Of Hyderabad Ramagiri Nalgonda SBHY0021957

Location	Nalgonda, Nalgonda
City	Nalgonda
District	Nalgonda
State	Telangana
Pincode	508001
Country	IN
Address	H no 6 3 10a nc sai plaza ground floor v t road ramagiri nalgonda dist telangana 508001

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 508004008 for Ramagiri Nalgonda 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 508004008 of SBHYD Bank, Ramagiri Nalgonda branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Ramagiri Nalgonda branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Kudakuda >>Ramagiri Nalgonda

MICR code for State Bank Of Hyderabad Ramagiri Nalgonda

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 Ramagiri Nalgonda 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. 508004008 is the MICR code of State Bank Of Hyderabad for Ramagiri Nalgonda branch. MICR code for Ramagiri Nalgonda 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 Ramagiri Nalgonda is presented in the table alongside.

Use of SBHYD Bank MICR code for Ramagiri Nalgonda branch in nalgonda

The MICR code 508004008 is used in RBI cheque clearing process to identify the branch Ramagiri Nalgonda 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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