Vijaya Bank Bhilwara Bhilwara Rajasthan MICR CODE

Find MICR Codes for Vijaya Bank Bhilwara Bhilwara Rajasthan

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MICR Code	311029002
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ashoka Marg Bhilwara
Contact	Phone:01482-236287
Bank Details	Vijaya Bank Ashoka Marg Bhilwara VIJB0007017

Location	Bhilwara, Bhilwara
City	Bhilwara
District	Bhilwara
State	Rajasthan
Pincode	311001
Country	IN
Address	Ashoka marg,ashoka hotel building, bhilwara

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 311029002 for Ashoka Marg Bhilwara 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 311029002 of Vijaya Bank, Ashoka Marg Bhilwara branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Ashoka Marg Bhilwara 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 -

>>Ashoka Marg Bhilwara >>R.C. Vyas Colony Bhilwara

MICR code for Vijaya Bank Ashoka Marg Bhilwara

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 Ashoka Marg Bhilwara 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. 311029002 is the MICR code of Vijaya Bank for Ashoka Marg Bhilwara branch. MICR code for Ashoka Marg Bhilwara 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 Ashoka Marg Bhilwara is presented in the table alongside.

Use of Vijaya Bank MICR code for Ashoka Marg Bhilwara branch in bhilwara

The MICR code 311029002 is used in RBI cheque clearing process to identify the branch Ashoka Marg Bhilwara 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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