Vijaya Bank Devaraya Samudra Kolar Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Devaraya Samudra Kolar Karnataka

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Devarayasamudra Karnataka
Contact Phone:08159 235221
Bank Details Vijaya Bank Devarayasamudra Karnataka VIJB0001233
Location Devaraya Samudra, Kolar
City Devaraya Samudra
District Kolar
State Karnataka
Pincode 563127
Country IN
Address Devarayasamudra, mulbagal taluk, kolar district, karnataka state, 563127
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 Devarayasamudra 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, Devarayasamudra Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Devarayasamudra 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 -

>>Devarayasamudra Karnataka

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

Use of Vijaya Bank MICR code for Devarayasamudra Karnataka branch in devaraya samudra

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