Vijaya Bank Sakleshpur Hassan Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Sakleshpur Hassan Karnataka

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sakleshpur Karnataka
Contact Phone: 08173 243122
Bank Details Vijaya Bank Sakleshpur Karnataka VIJB0001186
Location Sakleshpur, Hassan
City Sakleshpur
District Hassan
State Karnataka
Pincode 573134
Country IN
Address Vanijya bhavan bldg, b m road, sakleshpur, hassan dist,karnataka, 573134
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 Sakleshpur 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, Sakleshpur Karnataka branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Sakleshpur Karnataka 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 -

>>Changadihalli Karnataka >>Sakleshpur Karnataka

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

Use of Vijaya Bank MICR code for Sakleshpur Karnataka branch in sakleshpur

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