MICR Code Bank
Find MICR code for Vijaya Bank branches in India for NEFT and RTGS transfer

Vijaya Bank MICR CODE

Find MICR Codes for Vijaya Bank

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  1. Vijaya Bank »
  2. Karnataka »
  3. bangalore urban »
  4. bangalore »
  5. indiranagar bangalore

Find MICR Codes for Vijaya Bank

MICR Code: 560029010
Bank: Vijaya Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Indiranagar Bangalore
Contact:
Bank Details: Vijaya Bank Indiranagar Bangalore VIJB0001301
Location: Bangalore, Bangalore Urban
City: Bangalore
District: Bangalore Urban
State: Karnataka
Pincode: 560038
Country: IN
Address: 325,c m h road, indiranagar, bangalore, karnataka state, 560038

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

A total of 112 branches of Vijaya Bank are available with micr code

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MICR code for Vijaya Bank

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

Use of Vijaya Bank MICR code for branch in bangalore

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