Vijaya Bank Babaleshwar Bijapur Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Babaleshwar Bijapur Karnataka

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bableshwar Karnataka
Contact Phone:08355 283024
Bank Details Vijaya Bank Bableshwar Karnataka VIJB0001013
Location Babaleshwar, Bijapur
City Babaleshwar
District Bijapur
State Karnataka
Pincode 586113
Country IN
Address Gram panchayat bldg, m g road, bableshwar, bijapur dist,karnataka, 586113
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 Bableshwar Karnataka 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, Bableshwar Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Bableshwar Karnataka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Vijaya Bank are available with micr code -

>>Bableshwar Karnataka

MICR code for Vijaya Bank Bableshwar Karnataka

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 Bableshwar Karnataka 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 Bableshwar Karnataka branch. MICR code for Bableshwar Karnataka 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 Bableshwar Karnataka is presented in the table alongside.

Use of Vijaya Bank MICR code for Bableshwar Karnataka branch in babaleshwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bableshwar Karnataka 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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