Vijaya Bank Jamkhandi Bagalkote Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Jamkhandi Bagalkote Karnataka

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MICR Code	587029301
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jamakhandi Karnataka
Contact	Jamakhandi1484@vijayabank.Co.In
Bank Details	Vijaya Bank Jamakhandi Karnataka VIJB0001484

Location	Jamkhandi, Bagalkote
City	Jamkhandi
District	Bagalkote
State	Karnataka
Pincode	587301
Country	IN
Address	Ctc no-5328,mahabalshetti complex,opp to gg,high school,bus stand road,jamakhandi

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 587029301 for Jamakhandi 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 587029301 of Vijaya Bank, Jamakhandi Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Jamakhandi 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 -

>>Jamakhandi Karnataka

MICR code for Vijaya Bank Jamakhandi 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 Jamakhandi 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. 587029301 is the MICR code of Vijaya Bank for Jamakhandi Karnataka branch. MICR code for Jamakhandi 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 Jamakhandi Karnataka is presented in the table alongside.

Use of Vijaya Bank MICR code for Jamakhandi Karnataka branch in jamkhandi

The MICR code 587029301 is used in RBI cheque clearing process to identify the branch Jamakhandi 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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