Vijaya Bank Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Belgaum Belgaum Karnataka

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State
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MICR Code	-NA-
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shahapur Belgaum
Contact	Phone:0831 2466823
Bank Details	Vijaya Bank Shahapur Belgaum VIJB0001275

Location	Belgaum, Belgaum
City	Belgaum
District	Belgaum
State	Karnataka
Pincode	590001
Country	IN
Address	P b no 124, s p mukherjee road, shahapur, belgaum,karnataka, 590001

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

A total of 4 branches of Vijaya Bank are available with micr code -

>>Belgaum Main >>Hattargi Karnataka >>Shahapur Belgaum >>Tilakwadi Belgaum

MICR code for Vijaya Bank Shahapur Belgaum

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 Shahapur Belgaum 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 Shahapur Belgaum branch. MICR code for Shahapur Belgaum 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 Shahapur Belgaum is presented in the table alongside.

Use of Vijaya Bank MICR code for Shahapur Belgaum branch in belgaum

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