Vijaya Bank Mudigere Bangalore Rural Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Mudigere Bangalore Rural Karnataka

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mudigere Karnataka
Contact
Bank Details Vijaya Bank Mudigere Karnataka VIJB0001151
Location Mudigere, Bangalore Rural
City Mudigere
District Bangalore Rural
State Karnataka
Pincode 577132
Country IN
Address P b no 26, k m road, mudigere, karnataka state, 577132
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 Mudigere 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, Mudigere Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Mudigere 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 -

>>Mudigere Karnataka

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

Use of Vijaya Bank MICR code for Mudigere Karnataka branch in mudigere

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