Vijaya Bank Chikballapur Kolar Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Chikballapur Kolar Karnataka

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MICR Code	571029434
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Manchenahalli Karnat
Contact
Bank Details	Vijaya Bank Manchenahalli Karnat VIJB0001494

Location	Chikballapur, Kolar
City	Chikballapur
District	Kolar
State	Karnataka
Pincode	561211
Country	IN
Address	2nd main road, saraswathipura, thondebhavi mainroad, gowribidanur taluk, chikkaballapur-561211

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 571029434 for Manchenahalli Karnat 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 571029434 of Vijaya Bank, Manchenahalli Karnat branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Manchenahalli Karnat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Vijaya Bank are available with micr code -

>>Chikkaballapur Karnataka >>Manchenahalli Karnat

MICR code for Vijaya Bank Manchenahalli Karnat

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 Manchenahalli Karnat 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. 571029434 is the MICR code of Vijaya Bank for Manchenahalli Karnat branch. MICR code for Manchenahalli Karnat 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 Manchenahalli Karnat is presented in the table alongside.

Use of Vijaya Bank MICR code for Manchenahalli Karnat branch in chikballapur

The MICR code 571029434 is used in RBI cheque clearing process to identify the branch Manchenahalli Karnat 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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