Vijaya Bank Katghora Korba Chhattisgarh MICR CODE

Find MICR Codes for Vijaya Bank Katghora Korba Chhattisgarh

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Katghora Chattisgarh
Contact Katghora7653@vijayabank.Co.In
Bank Details Vijaya Bank Katghora Chattisgarh VIJB0007653
Location Katghora, Korba
City Katghora
District Korba
State Chhattisgarh
Pincode 495445
Country IN
Address Vijaya bank jai stambh,katghora,district korba,chattisgarh-495445
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 441029601 for Katghora Chattisgarh 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 441029601 of Vijaya Bank, Katghora Chattisgarh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Katghora Chattisgarh 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 -

>>Katghora Chattisgarh

MICR code for Vijaya Bank Katghora Chattisgarh

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 Katghora Chattisgarh 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. 441029601 is the MICR code of Vijaya Bank for Katghora Chattisgarh branch. MICR code for Katghora Chattisgarh 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 Katghora Chattisgarh is presented in the table alongside.

Use of Vijaya Bank MICR code for Katghora Chattisgarh branch in katghora

The MICR code 441029601 is used in RBI cheque clearing process to identify the branch Katghora Chattisgarh 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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