Vijaya Bank Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Hubli Dharwad Dharwad Karnataka

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MICR Code	580029007
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vidyanagar Hubli
Contact	Phone:0836-2372211
Bank Details	Vijaya Bank Vidyanagar Hubli VIJB0001219

Location	Hubli Dharwad, Dharwad
City	Hubli Dharwad
District	Dharwad
State	Karnataka
Pincode	580021
Country	IN
Address	Rasheed building, vidyanagar, hubli, karnataka state, 580021

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 580029007 for Vidyanagar Hubli 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 580029007 of Vijaya Bank, Vidyanagar Hubli branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Vidyanagar Hubli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Vijaya Bank are available with micr code -

>>Bankapur Chowk Hubli >>Broadway Hubli >>Chabbi >>Currency Chest Hubli >>Dharwar Main Karnataka >>Keshwapur Hubli >>Kundur Karnataka >>Lakamanahalli >>Lamington Road Hubli >>Navanagar Hubli >>Racpc Hubli >>Regional Office. Hubli >>S M E Hubli >>Saraswatpur Dharwar >>Service Branch Hubli >>Specilised Micro Urban Finanace Branch >>Vidyanagar Hubli

MICR code for Vijaya Bank Vidyanagar Hubli

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 Vidyanagar Hubli 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. 580029007 is the MICR code of Vijaya Bank for Vidyanagar Hubli branch. MICR code for Vidyanagar Hubli 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 Vidyanagar Hubli is presented in the table alongside.

Use of Vijaya Bank MICR code for Vidyanagar Hubli branch in hubli dharwad

The MICR code 580029007 is used in RBI cheque clearing process to identify the branch Vidyanagar Hubli 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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