Vijaya Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Vijaya Bank Madurai Madurai Tamil Nadu

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MICR Code	625029003
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Annanagar Madurai
Contact
Bank Details	Vijaya Bank Annanagar Madurai VIJB0003047

Location	Madurai, Madurai
City	Madurai
District	Madurai
State	Tamil Nadu
Pincode	625020
Country	IN
Address	Hig 55, 80 ft road,annanagar, madurai, tamilnadu, 625020

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 625029003 for Annanagar Madurai 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 625029003 of Vijaya Bank, Annanagar Madurai branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Annanagar Madurai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Vijaya Bank are available with micr code -

>>Annanagar Madurai >>Currency Chest Madurai >>Madurai Ellis Nagar >>Madurai Tamilnadu

MICR code for Vijaya Bank Annanagar Madurai

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 Annanagar Madurai 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. 625029003 is the MICR code of Vijaya Bank for Annanagar Madurai branch. MICR code for Annanagar Madurai 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 Annanagar Madurai is presented in the table alongside.

Use of Vijaya Bank MICR code for Annanagar Madurai branch in madurai

The MICR code 625029003 is used in RBI cheque clearing process to identify the branch Annanagar Madurai 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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