Vijaya Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Mumbai Greater Bombay Maharashtra

↻ Reload
MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chirabazar Mumbai
Contact Phone: 022-22082008
Bank Details Vijaya Bank Chirabazar Mumbai VIJB0005015
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400002
Country IN
Address No 586, j s seth road, chira bazar, mumbai,maharastra, 400002
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 400029014 for Chirabazar 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 400029014 of Vijaya Bank, Chirabazar Mumbai branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Chirabazar Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Chirabazar 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 Chirabazar 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. 400029014 is the MICR code of Vijaya Bank for Chirabazar Mumbai branch. MICR code for Chirabazar 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 Chirabazar Mumbai is presented in the table alongside.

Use of Vijaya Bank MICR code for Chirabazar Mumbai branch in mumbai

The MICR code 400029014 is used in RBI cheque clearing process to identify the branch Chirabazar 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.

Copied!