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 Msme Br Processing C Hyderabad
Contact Hydmsme@vijayabank.Co.In
Bank Details Vijaya Bank Msme Br Processing C Hyderabad VIJB0009855
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500001
Country IN
Address Iii floor,babukhan estate basheer bagh,hyderabad
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 Msme Br Processing C 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, Msme Br Processing C Hyderabad branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Msme Br Processing C Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Msme Br Processing C 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 Msme Br Processing C 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 Msme Br Processing C Hyderabad branch. MICR code for Msme Br Processing C 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 Msme Br Processing C Hyderabad is presented in the table alongside.

Use of Vijaya Bank MICR code for Msme Br Processing C Hyderabad branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Msme Br Processing C 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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