Vijaya Bank Belapur Ahmednagar Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Belapur Ahmednagar Maharashtra

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Belapur Maharastra
Contact
Bank Details Vijaya Bank Belapur Maharastra VIJB0005063
Location Belapur, Ahmednagar
City Belapur
District Ahmednagar
State Maharashtra
Pincode 400614
Country IN
Address Shop no 11-12,plot no 66, hilton centre, sector-11, cbd belapur, navi mumbai,maharastra, 400614
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 400029042 for Belapur 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 400029042 of Vijaya Bank, Belapur Maharastra branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Belapur 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 -

>>Belapur Maharastra

MICR code for Vijaya Bank Belapur 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 Belapur 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. 400029042 is the MICR code of Vijaya Bank for Belapur Maharastra branch. MICR code for Belapur 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 Belapur Maharastra is presented in the table alongside.

Use of Vijaya Bank MICR code for Belapur Maharastra branch in belapur

The MICR code 400029042 is used in RBI cheque clearing process to identify the branch Belapur 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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