Vijaya Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Mumbai Greater Bombay Maharashtra

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Regional Forex Cell Mumbai
Contact
Bank Details Vijaya Bank Regional Forex Cell Mumbai VIJB0009513
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400054
Country IN
Address Lousiana apartment, west avenue, santacruz(west), mumbai,maharastra, 400054
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 400029055 for Regional Forex Cell Mumbai 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 400029055 of Vijaya Bank, Regional Forex Cell Mumbai branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Regional Forex Cell Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Regional Forex Cell Mumbai

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 Regional Forex Cell Mumbai 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. 400029055 is the MICR code of Vijaya Bank for Regional Forex Cell Mumbai branch. MICR code for Regional Forex Cell Mumbai 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 Regional Forex Cell Mumbai is presented in the table alongside.

Use of Vijaya Bank MICR code for Regional Forex Cell Mumbai branch in mumbai

The MICR code 400029055 is used in RBI cheque clearing process to identify the branch Regional Forex Cell Mumbai 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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