Vijaya Bank Solapur Sholapur Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Solapur Sholapur Maharashtra

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MICR Code	413029002
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sholapur Maharastra
Contact	Phone:0217-2325025
Bank Details	Vijaya Bank Sholapur Maharastra VIJB0005018

Location	Solapur, Sholapur
City	Solapur
District	Sholapur
State	Maharashtra
Pincode	413005
Country	IN
Address	486 / 469, c s no 240, a-243, jodhbhavi peth, kontum chowk, sholapur, maharastra state, 413005

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 413029002 for Sholapur 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 413029002 of Vijaya Bank, Sholapur Maharastra branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Sholapur Maharastra 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 -

>>Sholapur Maharastra

MICR code for Vijaya Bank Sholapur 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 Sholapur 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. 413029002 is the MICR code of Vijaya Bank for Sholapur Maharastra branch. MICR code for Sholapur 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 Sholapur Maharastra is presented in the table alongside.

Use of Vijaya Bank MICR code for Sholapur Maharastra branch in solapur

The MICR code 413029002 is used in RBI cheque clearing process to identify the branch Sholapur 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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