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Vijaya Bank Alur Bijapur Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Alur Bijapur Karnataka

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alur Karnataka
Contact Phone:08226 232225
Bank Details Vijaya Bank Alur Karnataka VIJB0001004
Location Alur, Bijapur
City Alur
District Bijapur
State Karnataka
Pincode 571117
Country IN
Address Main road, alur, chamrajnagar dist, karnataka state, 571117
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 Alur 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, Alur Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Alur 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 -

>>Alur Karnataka

MICR code for Vijaya Bank Alur 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 Alur 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 Alur Karnataka branch. MICR code for Alur 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 Alur Karnataka is presented in the table alongside.

Use of Vijaya Bank MICR code for Alur Karnataka branch in alur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Alur 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.