Vijaya Bank Devangi Davanagare Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Devangi Davanagare Karnataka

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Devangi Karnataka
Contact Phone:08181 274025
Bank Details Vijaya Bank Devangi Karnataka VIJB0001056
Location Devangi, Davanagare
City Devangi
District Davanagare
State Karnataka
Pincode 577415
Country IN
Address Devangi, thirthahalli tq, shimoga dist, karnataka state, 577415
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 Devangi 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, Devangi Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Devangi 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 -

>>Devangi Karnataka

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

Use of Vijaya Bank MICR code for Devangi Karnataka branch in devangi

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