Vijaya Bank Udupi Udipi Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Udupi Udipi Karnataka

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aloor Branch
Contact
Bank Details Vijaya Bank Aloor Branch VIJB0001498
Location Udupi, Udipi
City Udupi
District Udipi
State Karnataka
Pincode 576233
Country IN
Address Vijaya bank, krishna giri complex, aloor,kundapura taluk,udupi-576233
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 576029233 for Aloor Branch 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 576029233 of Vijaya Bank, Aloor Branch branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Aloor Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Vijaya Bank are available with micr code -

>>Aloor Branch >>Currency Chest Udupi >>Kelarkalabettu >>Kolalagiri Karnataka >>Kuthyar >>Regional Office. Udupi

MICR code for Vijaya Bank Aloor Branch

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 Aloor Branch 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. 576029233 is the MICR code of Vijaya Bank for Aloor Branch branch. MICR code for Aloor Branch 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 Aloor Branch is presented in the table alongside.

Use of Vijaya Bank MICR code for Aloor Branch branch in udupi

The MICR code 576029233 is used in RBI cheque clearing process to identify the branch Aloor Branch 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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