Vijaya Bank Hassan Hassan Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Hassan Hassan Karnataka

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ravindranagar Hassan
Contact
Bank Details Vijaya Bank Ravindranagar Hassan VIJB0001339
Location Hassan, Hassan
City Hassan
District Hassan
State Karnataka
Pincode 573201
Country IN
Address P b no 60,adi-, chunchangiri complex, ravindranagar, hassan,karnataka, 573201
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 573029002 for Ravindranagar Hassan 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 573029002 of Vijaya Bank, Ravindranagar Hassan branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Ravindranagar Hassan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Ravindranagar Hassan

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 Ravindranagar Hassan 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. 573029002 is the MICR code of Vijaya Bank for Ravindranagar Hassan branch. MICR code for Ravindranagar Hassan 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 Ravindranagar Hassan is presented in the table alongside.

Use of Vijaya Bank MICR code for Ravindranagar Hassan branch in hassan

The MICR code 573029002 is used in RBI cheque clearing process to identify the branch Ravindranagar Hassan 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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