Vijaya Bank Ankola Uttar Kannad Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Ankola Uttar Kannad Karnataka

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MICR Code	58129344
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Achave Chennagara
Contact	Achave1480@vijayabank.Co.In
Bank Details	Vijaya Bank Achave Chennagara VIJB0001480

Location	Ankola, Uttar Kannad
City	Ankola
District	Uttar Kannad
State	Karnataka
Pincode	581344
Country	IN
Address	Gram panchayat building,near to grampanchayat office,achave,ankola taluk - 581344

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 58129344 for Achave Chennagara 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 58129344 of Vijaya Bank, Achave Chennagara branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Achave Chennagara 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 -

>>Achave Chennagara

MICR code for Vijaya Bank Achave Chennagara

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 Achave Chennagara 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. 58129344 is the MICR code of Vijaya Bank for Achave Chennagara branch. MICR code for Achave Chennagara 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 Achave Chennagara is presented in the table alongside.

Use of Vijaya Bank MICR code for Achave Chennagara branch in ankola

The MICR code 58129344 is used in RBI cheque clearing process to identify the branch Achave Chennagara 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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