Vijaya Bank Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Gwalior Gwalior Madhya Pradesh

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MICR Code	474029001
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gwalior Madhya Pradesh
Contact	Phone:0751-2321830, ,
Bank Details	Vijaya Bank Gwalior Madhya Pradesh VIJB0007602

Location	Gwalior, Gwalior
City	Gwalior
District	Gwalior
State	Madhya Pradesh
Pincode	474009
Country	IN
Address	No 21/132, jayendraganj, gwalior, madhya pradesh, 474009

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 474029001 for Gwalior Madhya Pradesh 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 474029001 of Vijaya Bank, Gwalior Madhya Pradesh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Gwalior Madhya Pradesh 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 -

>>City Centre Gwalior >>Gwalior Madhya Pradesh

MICR code for Vijaya Bank Gwalior Madhya Pradesh

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 Gwalior Madhya Pradesh 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. 474029001 is the MICR code of Vijaya Bank for Gwalior Madhya Pradesh branch. MICR code for Gwalior Madhya Pradesh 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 Gwalior Madhya Pradesh is presented in the table alongside.

Use of Vijaya Bank MICR code for Gwalior Madhya Pradesh branch in gwalior

The MICR code 474029001 is used in RBI cheque clearing process to identify the branch Gwalior Madhya Pradesh 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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