Vijaya Bank Mahasamund Mahasamund Chhattisgarh MICR CODE

Find MICR Codes for Vijaya Bank Mahasamund Mahasamund Chhattisgarh

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahasamund
Contact Mahasamud7629@vijayabank.Co.In
Bank Details Vijaya Bank Mahasamund VIJB0007629
Location Mahasamund, Mahasamund
City Mahasamund
District Mahasamund
State Chhattisgarh
Pincode 493445
Country IN
Address Ward no. 9, station road, in front of pincha dharmashala
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 Mahasamund 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, Mahasamund branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Mahasamund 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 -

>>Mahasamund

MICR code for Vijaya Bank Mahasamund

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 Mahasamund 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 Mahasamund branch. MICR code for Mahasamund 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 Mahasamund is presented in the table alongside.

Use of Vijaya Bank MICR code for Mahasamund branch in mahasamund

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