Vijaya Bank Kundotty Malappuram Kerala MICR CODE

Find MICR Codes for Vijaya Bank Kundotty Malappuram Kerala

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Currency Chest Kundotty
Contact 0483-2717700
Bank Details Vijaya Bank Currency Chest Kundotty VIJB0009616
Location Kundotty, Malappuram
City Kundotty
District Malappuram
State Kerala
Pincode 673638
Country IN
Address Kundotty, malappuram dist - 673638
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 Currency Chest Kundotty 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, Currency Chest Kundotty branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Currency Chest Kundotty branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Vijaya Bank are available with micr code -

>>Currency Chest Kundotty

MICR code for Vijaya Bank Currency Chest Kundotty

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 Currency Chest Kundotty 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 Currency Chest Kundotty branch. MICR code for Currency Chest Kundotty 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 Currency Chest Kundotty is presented in the table alongside.

Use of Vijaya Bank MICR code for Currency Chest Kundotty branch in kundotty

The MICR code 0 is used in RBI cheque clearing process to identify the branch Currency Chest Kundotty 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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