Vijaya Bank Kotur Dharwad Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Kotur Dharwad Karnataka

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MICR Code	-NA-
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kotur Karnataka
Contact	Phone:0836 2486535
Bank Details	Vijaya Bank Kotur Karnataka VIJB0001350

Location	Kotur, Dharwad
City	Kotur
District	Dharwad
State	Karnataka
Pincode	580007
Country	IN
Address	P b road, kotur, dharwar dist, karnataka state, 580007

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

>>Kotur Karnataka

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

Use of Vijaya Bank MICR code for Kotur Karnataka branch in kotur

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