HDFC Bank Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for HDFC Bank Hubli Dharwad Dharwad Karnataka

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vishwakalyan Sahakar Bank Niyamit
Contact 0836-2213269
Bank Details Hdfc Bank Ltd Vishwakalyan Sahakar Bank Niyamit HDFC0CVSBNH
Location Hubli Dharwad, Dharwad
City Hubli Dharwad
District Dharwad
State Karnataka
Pincode 580028
Country IN
Address Kengakpur complex, busapetha, hubli-580028
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 580240252 for Vishwakalyan Sahakar Bank Niyamit 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 580240252 of HDFC Bank Ltd, Vishwakalyan Sahakar Bank Niyamit branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Vishwakalyan Sahakar Bank Niyamit branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for HDFC Bank Vishwakalyan Sahakar Bank Niyamit

HDFC Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HDFC Bank Ltd MICR code for Vishwakalyan Sahakar Bank Niyamit 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. 580240252 is the MICR code of HDFC for Vishwakalyan Sahakar Bank Niyamit branch. MICR code for Vishwakalyan Sahakar Bank Niyamit 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 HDFC Bank Ltd Vishwakalyan Sahakar Bank Niyamit is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Vishwakalyan Sahakar Bank Niyamit branch in hubli dharwad

The MICR code 580240252 is used in RBI cheque clearing process to identify the branch Vishwakalyan Sahakar Bank Niyamit and HDFC Bank Ltd 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 HDFC is typically in either of these two font’s: E-138 and CMC-7.

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