Central Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Central Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code	500016031
Bank	Central Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vinay Nagar
Contact	040-23468974
Bank Details	Central Bank Of India Vinay Nagar CBIN0283479

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500059
Country	IN
Address	Sangam laxmibai vidyapeeth, bhojireddy engg college for women, vinaynagar colony, main road, i.s sadan, saidabad, hyderabad-500059

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 500016031 for Vinay Nagar 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 500016031 of Central Bank Of India, Vinay Nagar branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Vinay Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Central Bank Of India are available with micr code -

>>A.S.Rao Nagar >>Asset Revery Branch Hyderabad >>Attapur >>Begumpet >>Cash Management Service Hyderabad >>Corporate Finance Branch Hyderabad >>East Maredpalli >>Gachibowli >>Hyderabad Regional Office >>Hyderabad Zonal Office >>Jubilee Hills >>Mallapur >>Mid Cfb Secunderabad >>Miyapur >>Mohannagar >>Shivam Road >>Vinay Nagar

MICR code for Central Bank Vinay Nagar

Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Central Bank Of India MICR code for Vinay Nagar 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. 500016031 is the MICR code of Central Bank India for Vinay Nagar branch. MICR code for Vinay Nagar 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 Central Bank Of India Vinay Nagar is presented in the table alongside.

Use of Central Bank Of India MICR code for Vinay Nagar branch in hyderabad

The MICR code 500016031 is used in RBI cheque clearing process to identify the branch Vinay Nagar and Central Bank Of India 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 Central Bank India is typically in either of these two font’s: E-138 and CMC-7.

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