Vijaya Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurramguda Hyderabad
Contact 0
Bank Details Vijaya Bank Gurramguda Hyderabad VIJB0004184
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500050
Country IN
Address Plot no 3 & 4, survey no 132 gurramguda near pochamma temple, badangpet, saroornagar
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 0 for Gurramguda Hyderabad 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 0 of Vijaya Bank, Gurramguda Hyderabad branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Gurramguda Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Gurramguda Hyderabad

Vijaya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Vijaya Bank MICR code for Gurramguda Hyderabad 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. 0 is the MICR code of Vijaya Bank for Gurramguda Hyderabad branch. MICR code for Gurramguda Hyderabad 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 Vijaya Bank Gurramguda Hyderabad is presented in the table alongside.

Use of Vijaya Bank MICR code for Gurramguda Hyderabad branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurramguda Hyderabad and Vijaya 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 Vijaya Bank is typically in either of these two font’s: E-138 and CMC-7.

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