Vijaya Bank Hassan Hassan Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Hassan Hassan Karnataka

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arekere Hassan
Contact Arekere1488@vijayabank.Co.In
Bank Details Vijaya Bank Arekere Hassan VIJB0001488
Location Hassan, Hassan
City Hassan
District Hassan
State Karnataka
Pincode 573215
Country IN
Address Ist floor,gram panchayat bldg,belur banavararoad,arekere village,arekere taluk,hassan dst-573215
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 573029215 for Arekere Hassan 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 573029215 of Vijaya Bank, Arekere Hassan branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Arekere Hassan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Arekere Hassan

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 Arekere Hassan 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. 573029215 is the MICR code of Vijaya Bank for Arekere Hassan branch. MICR code for Arekere Hassan 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 Arekere Hassan is presented in the table alongside.

Use of Vijaya Bank MICR code for Arekere Hassan branch in hassan

The MICR code 573029215 is used in RBI cheque clearing process to identify the branch Arekere Hassan 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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