Vijaya Bank Malavalli Mandya Karnataka MICR CODE

Find MICR Codes for Vijaya Bank Malavalli Mandya Karnataka

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MICR Code	533029220
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Thorekadanahalli Kar
Contact
Bank Details	Vijaya Bank Thorekadanahalli Kar VIJB0001504

Location	Malavalli, Mandya
City	Malavalli
District	Mandya
State	Karnataka
Pincode	571421
Country	IN
Address	Thorekadanahalli branch,financial inclusion branch,malavalli taluk,mandya dist-571421

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 533029220 for Thorekadanahalli Kar 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 533029220 of Vijaya Bank, Thorekadanahalli Kar branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Thorekadanahalli Kar 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 -

>>B G Pura Karnataka >>Malavalli Karnataka >>Thorekadanahalli Kar

MICR code for Vijaya Bank Thorekadanahalli Kar

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 Thorekadanahalli Kar 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. 533029220 is the MICR code of Vijaya Bank for Thorekadanahalli Kar branch. MICR code for Thorekadanahalli Kar 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 Thorekadanahalli Kar is presented in the table alongside.

Use of Vijaya Bank MICR code for Thorekadanahalli Kar branch in malavalli

The MICR code 533029220 is used in RBI cheque clearing process to identify the branch Thorekadanahalli Kar 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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