Vijaya Bank Itarsi Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Itarsi Hoshangabad Madhya Pradesh

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MICR Code	461029111
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Itarsi Madhya Pradesh
Contact	Itarsi7649@vijayabank.Co.In
Bank Details	Vijaya Bank Itarsi Madhya Pradesh VIJB0007649

Location	Itarsi, Hoshangabad
City	Itarsi
District	Hoshangabad
State	Madhya Pradesh
Pincode	461111
Country	IN
Address	Ward no :25, near bsnl exchange, lakadganj, itasi, madhya pradesh-461111

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 461029111 for Itarsi Madhya Pradesh 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 461029111 of Vijaya Bank, Itarsi Madhya Pradesh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Itarsi Madhya Pradesh 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 -

>>Itarsi Madhya Pradesh

MICR code for Vijaya Bank Itarsi Madhya Pradesh

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 Itarsi Madhya Pradesh 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. 461029111 is the MICR code of Vijaya Bank for Itarsi Madhya Pradesh branch. MICR code for Itarsi Madhya Pradesh 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 Itarsi Madhya Pradesh is presented in the table alongside.

Use of Vijaya Bank MICR code for Itarsi Madhya Pradesh branch in itarsi

The MICR code 461029111 is used in RBI cheque clearing process to identify the branch Itarsi Madhya Pradesh 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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