Vijaya Bank Kozhikode Kozhikode Kerala MICR CODE

Find MICR Codes for Vijaya Bank Kozhikode Kozhikode Kerala

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chevayur Kozhikode
Contact 0
Bank Details Vijaya Bank Chevayur Kozhikode VIJB0002128
Location Kozhikode, Kozhikode
City Kozhikode
District Kozhikode
State Kerala
Pincode 673017
Country IN
Address K k k trade center,chevayur junction-673017
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 0 for Chevayur Kozhikode 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 0 of Vijaya Bank, Chevayur Kozhikode branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Chevayur Kozhikode branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Vijaya Bank are available with micr code -

>>Chevayur Kozhikode >>Feroke Kozhikode

MICR code for Vijaya Bank Chevayur Kozhikode

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 Chevayur Kozhikode 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. 0 is the MICR code of Vijaya Bank for Chevayur Kozhikode branch. MICR code for Chevayur Kozhikode 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 Chevayur Kozhikode is presented in the table alongside.

Use of Vijaya Bank MICR code for Chevayur Kozhikode branch in kozhikode

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chevayur Kozhikode 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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