Vijaya Bank Gauribidanur Kolar Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Gauribidanur Kolar Karnataka

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MICR Code	561029202
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gauribidanur Karnataka
Contact	Phone:08155 286597
Bank Details	Vijaya Bank Gauribidanur Karnataka VIJB0001342

Location	Gauribidanur, Kolar
City	Gauribidanur
District	Kolar
State	Karnataka
Pincode	561208
Country	IN
Address	Railway station road, gauribidanur, kolar dist, karnataka state, 561208

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 561029202 for Gauribidanur 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 561029202 of Vijaya Bank, Gauribidanur Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Gauribidanur 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 -

>>Gauribidanur Karnataka

MICR code for Vijaya Bank Gauribidanur 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 Gauribidanur 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. 561029202 is the MICR code of Vijaya Bank for Gauribidanur Karnataka branch. MICR code for Gauribidanur 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 Gauribidanur Karnataka is presented in the table alongside.

Use of Vijaya Bank MICR code for Gauribidanur Karnataka branch in gauribidanur

The MICR code 561029202 is used in RBI cheque clearing process to identify the branch Gauribidanur 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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