Vijaya Bank Pune City Pune Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Pune City Pune Maharashtra

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manikbagh Pune
Contact 0
Bank Details Vijaya Bank Manikbagh Pune VIJB0005166
Location Pune City, Pune
City Pune City
District Pune
State Maharashtra
Pincode 411051
Country IN
Address Parinay complex,sr no33sinhgad road,wadgaon budruk,manikbagh-411035
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 Manikbagh Pune 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, Manikbagh Pune branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Manikbagh Pune 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 -

>>Manikbagh Pune

MICR code for Vijaya Bank Manikbagh Pune

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 Manikbagh Pune 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 Manikbagh Pune branch. MICR code for Manikbagh Pune 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 Manikbagh Pune is presented in the table alongside.

Use of Vijaya Bank MICR code for Manikbagh Pune branch in pune city

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