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Vijaya Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bajpe Mangalore
Contact
Bank Details Vijaya Bank Bajpe Mangalore VIJB0001436
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 574142
Country IN
Address Perochial higher primary school building,kateel road,bajpe, mangalore-taluk
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 575029035 for Bajpe Mangalore 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 575029035 of Vijaya Bank, Bajpe Mangalore branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Bajpe Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Bajpe Mangalore

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 Bajpe Mangalore 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. 575029035 is the MICR code of Vijaya Bank for Bajpe Mangalore branch. MICR code for Bajpe Mangalore 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 Bajpe Mangalore is presented in the table alongside.

Use of Vijaya Bank MICR code for Bajpe Mangalore branch in mangalore

The MICR code 575029035 is used in RBI cheque clearing process to identify the branch Bajpe Mangalore 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.