Vijaya Bank Sangli Miraj Kupwad Sangli Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Sangli Miraj Kupwad Sangli Maharashtra

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sangli Maharastra
Contact
Bank Details Vijaya Bank Sangli Maharastra VIJB0005041
Location Sangli Miraj Kupwad, Sangli
City Sangli Miraj Kupwad
District Sangli
State Maharashtra
Pincode 416416
Country IN
Address P b no 188, sushila niwas, maruti road, sangli,maharastra, 416416
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 Sangli Maharastra 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, Sangli Maharastra branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Sangli Maharastra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Vijaya Bank are available with micr code -

>>Miraj Maharastra >>Sangli Maharastra >>Vijaya Krishi Vikas Kendra

MICR code for Vijaya Bank Sangli Maharastra

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 Sangli Maharastra 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 Sangli Maharastra branch. MICR code for Sangli Maharastra 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 Sangli Maharastra is presented in the table alongside.

Use of Vijaya Bank MICR code for Sangli Maharastra branch in sangli miraj kupwad

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