MICR Code Of State Bank Of India Stressed Assets Management Branch Hyderabad, Hyderabad, Telangana

MICR CODE 500002240
Bank State Bank Of India
Branch Stressed Assets Management Branch Hyderabad
IFSC Code IFSC Code State Bank Of India
Address New Bus Station, 1 St Floor, Tsrtc, Kachiguda, Dist.hyderabad, Andhra Pradesh-500027
City Hyderabad
State Telangana

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What is a MICR Code?

Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).