The Vijay Co Operative Bank Limited MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. The Vijay Co Op Bank Ltd MICR code for Vatva 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 The Vijay Co Operative Bank Limited for Vatva branch. MICR code for Vatva 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 The Vijay Co Op Bank Ltd Vatva is presented in the table alongside.
The MICR code 0 is used in RBI cheque clearing process to identify the branch Vatva and The Vijay Co Op Bank Ltd 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 The Vijay Co Operative Bank Limited is typically in either of these two font’s: E-138 and CMC-7.