Vijaya Bank Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for Vijaya Bank Bilaspur Bilaspur Chhattisgarh

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MICR Code	495029001
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bilaspur Chattisgarh
Contact
Bank Details	Vijaya Bank Bilaspur Chattisgarh VIJB0007608

Location	Bilaspur, Bilaspur
City	Bilaspur
District	Bilaspur
State	Chhattisgarh
Pincode	495001
Country	IN
Address	Aditya complex,plot no.108/4,ward no.6,near devaki nandan chowk,main rd,bilaspur, chattisgarh

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 495029001 for Bilaspur Chattisgarh 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 495029001 of Vijaya Bank, Bilaspur Chattisgarh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Bilaspur Chattisgarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Vijaya Bank are available with micr code -

>>Bilaspur Chattisgarh >>Mehamand Chhattisgarh >>Pandhi Chhattisgarh

MICR code for Vijaya Bank Bilaspur Chattisgarh

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 Bilaspur Chattisgarh 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. 495029001 is the MICR code of Vijaya Bank for Bilaspur Chattisgarh branch. MICR code for Bilaspur Chattisgarh 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 Bilaspur Chattisgarh is presented in the table alongside.

Use of Vijaya Bank MICR code for Bilaspur Chattisgarh branch in bilaspur

The MICR code 495029001 is used in RBI cheque clearing process to identify the branch Bilaspur Chattisgarh 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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