Vijaya Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Bangalore Bangalore Karnataka

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MICR Code	560029006
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banashankari
Contact	22-1800223344
Bank Details	Vijaya Bank Banashankari VIJB0001020

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560085
Country	IN
Address	Banashankari 334 22 1st main 41st cross8th block 560082

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 560029006 for Banashankari 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 560029006 of Vijaya Bank, Banashankari branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Banashankari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Vijaya Bank are available with micr code -

>>Banashankari >>City Markt >>Gottigere >>Harlur Road >>Hesarghatta Road >>Kanakapura Main Road >>Magadi Road >>Mahalaxmipuram >>Msme Cell Bangalore (N) >>Msrit >>N R Road >>Nagarbhavi >>Nagavara >>Oxford School >>Padmanabha Naagar >>Shanthinagar >>Singasandra Aecs Layout >>Vijaya Samruddhi Bangalore

MICR code for Vijaya Bank Banashankari

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 Banashankari 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. 560029006 is the MICR code of Vijaya Bank for Banashankari branch. MICR code for Banashankari 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 Banashankari is presented in the table alongside.

Use of Vijaya Bank MICR code for Banashankari branch in bangalore

The MICR code 560029006 is used in RBI cheque clearing process to identify the branch Banashankari 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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