Vikas Bank Bidar Bidar Karnataka MICR CODE

Find MICR Codes for Vikas Bank Bidar Bidar Karnataka

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MICR Code
Bank Vikas Souharda Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bidar
Contact 8482-225787
Bank Details Vikas Souharda Co-Operative Bank Ltd Bidar VSBA0000008
Location Bidar, Bidar
City Bidar
District Bidar
State Karnataka
Pincode 585401
Country IN
Address Opp megure eye hospital,akkamahadevi colony,bidar -585 401
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.

Search Vikas Bank MICR Codes in bidar

You can search through MICR Codes of Karnataka branches in bidar of District bidar in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Vikas Souharda Co-Operative Bank Ltd are available with micr code -

>>Bidar

How to find MICR codes for Vikas Bank in bidar?

Vikas Bank bidar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Vikash Souharda Bank MICR codes list for bidar, one can further search by branch name specified in the table. You can find MICR codes for all Vikas Bank bidar branches.

Vikash Souharda Bank MICR code in bidar

Vikas Bank MICR code is a character recognition technology used by banks in the processing of cheques. Vikash Souharda Bank MICR code for bidar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Vikas Souharda Co-Operative Bank Ltd branches in bidar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Vikas Souharda Co-Operative Bank Ltd MICR code for bidar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Vikas Bank bidar branch, sprinted 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. Thus MICR code for Vikash Souharda Bank bidar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Vikas Souharda Co-Operative Bank Ltd MICR codes for bidar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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