Vijaya Bank Hunsur Mysore Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Hunsur Mysore Karnataka

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gaddige Karnataka
Contact 0
Bank Details Vijaya Bank Gaddige Karnataka VIJB0001555
Location Hunsur, Mysore
City Hunsur
District Mysore
State Karnataka
Pincode 571105
Country IN
Address Near kuttaradi gate gaddige main road hunsure taluk mysore karnataka
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 571029105 for Gaddige 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 571029105 of Vijaya Bank, Gaddige Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Gaddige Karnataka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Vijaya Bank are available with micr code -

>>Gaddige Karnataka >>Hunsur Karnataka

MICR code for Vijaya Bank Gaddige 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 Gaddige 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. 571029105 is the MICR code of Vijaya Bank for Gaddige Karnataka branch. MICR code for Gaddige 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 Gaddige Karnataka is presented in the table alongside.

Use of Vijaya Bank MICR code for Gaddige Karnataka branch in hunsur

The MICR code 571029105 is used in RBI cheque clearing process to identify the branch Gaddige 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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