State Bank Of Hyderabad Kothagudem Khammam Telangana MICR CODE

Find MICR Codes for State Bank Of Hyderabad Kothagudem Khammam Telangana

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MICR Code
Bank State Bank Of Hyderabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vidyanagar Colony Kothagudem
Contact 9440101589
Bank Details State Bank Of Hyderabad Vidyanagar Colony Kothagudem SBHY0021984
Location Kothagudem, Khammam
City Kothagudem
District Khammam
State Telangana
Pincode 507101
Country IN
Address Dno 3 1 238 6 9kothagudem 507101
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 507004107 for Vidyanagar Colony Kothagudem 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 507004107 of SBHYD Bank, Vidyanagar Colony Kothagudem branch makes the system almost error free and faster. Use of SBHYD Bank MICR codes for Vidyanagar Colony Kothagudem 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 -

>>Janampeta >>Vidyanagar Colony Kothagudem

MICR code for State Bank Of Hyderabad Vidyanagar Colony Kothagudem

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 Vidyanagar Colony Kothagudem 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. 507004107 is the MICR code of State Bank Of Hyderabad for Vidyanagar Colony Kothagudem branch. MICR code for Vidyanagar Colony Kothagudem 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 Vidyanagar Colony Kothagudem is presented in the table alongside.

Use of SBHYD Bank MICR code for Vidyanagar Colony Kothagudem branch in kothagudem

The MICR code 507004107 is used in RBI cheque clearing process to identify the branch Vidyanagar Colony Kothagudem 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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