Vijaya Bank Basavapatna Hassan Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Basavapatna Hassan Karnataka

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MICR Code	-NA-
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Basavapatna Karnataka
Contact	Phone:08175 234021
Bank Details	Vijaya Bank Basavapatna Karnataka VIJB0001022

Location	Basavapatna, Hassan
City	Basavapatna
District	Hassan
State	Karnataka
Pincode	573113
Country	IN
Address	Basavapatna, arkalgud taluk, hassan dist,karnataka, 573113

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 Basavapatna 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, Basavapatna Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Basavapatna 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 -

>>Basavapatna Karnataka

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

Use of Vijaya Bank MICR code for Basavapatna Karnataka branch in basavapatna

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

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