Vijaya Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Vijaya Bank Bhubaneswar Khurda Orissa

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhubaneshwar Orissa
Contact
Bank Details Vijaya Bank Bhubaneshwar Orissa VIJB0007403
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751009
Country IN
Address No 148, ashok nagar, bhubaneswar, orissa state, 751009
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 751029002 for Bhubaneshwar Orissa 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 751029002 of Vijaya Bank, Bhubaneshwar Orissa branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Bhubaneshwar Orissa branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Bhubaneshwar Orissa

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 Bhubaneshwar Orissa 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. 751029002 is the MICR code of Vijaya Bank for Bhubaneshwar Orissa branch. MICR code for Bhubaneshwar Orissa 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 Bhubaneshwar Orissa is presented in the table alongside.

Use of Vijaya Bank MICR code for Bhubaneshwar Orissa branch in bhubaneswar

The MICR code 751029002 is used in RBI cheque clearing process to identify the branch Bhubaneshwar Orissa 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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