Vijaya Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Vijayawada Krishna Andhra Pradesh

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MICR Code	520029002
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Benz Circle Vijayawada
Contact
Bank Details	Vijaya Bank Benz Circle Vijayawada VIJB0004080

Location	Vijayawada, Krishna
City	Vijayawada
District	Krishna
State	Andhra Pradesh
Pincode	520010
Country	IN
Address	D no. 40-1/52/6, near benz circle,, m g road, vijayawada, andhra pradesh, 520010

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 520029002 for Benz Circle Vijayawada 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 520029002 of Vijaya Bank, Benz Circle Vijayawada branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Benz Circle Vijayawada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Vijaya Bank are available with micr code -

>>Benz Circle Vijayawada >>Currency Chest Vijayawada >>Regional Office. Vijayawada

MICR code for Vijaya Bank Benz Circle Vijayawada

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 Benz Circle Vijayawada 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. 520029002 is the MICR code of Vijaya Bank for Benz Circle Vijayawada branch. MICR code for Benz Circle Vijayawada 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 Benz Circle Vijayawada is presented in the table alongside.

Use of Vijaya Bank MICR code for Benz Circle Vijayawada branch in vijayawada

The MICR code 520029002 is used in RBI cheque clearing process to identify the branch Benz Circle Vijayawada 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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