Vijaya Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Nashik Nashik Maharashtra

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MICR Code	422029002
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nasik Maharastra
Contact	Phone:02532578094
Bank Details	Vijaya Bank Nasik Maharastra VIJB0005036

Location	Nashik, Nashik
City	Nashik
District	Nashik
State	Maharashtra
Pincode	422002
Country	IN
Address	P b no 416, 7,abhyankar plaza, m g road, nasik,maharastra, 422002

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 422029002 for Nasik Maharastra 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 422029002 of Vijaya Bank, Nasik Maharastra branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Nasik Maharastra 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 -

>>Nasik Maharastra

MICR code for Vijaya Bank Nasik Maharastra

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 Nasik Maharastra 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. 422029002 is the MICR code of Vijaya Bank for Nasik Maharastra branch. MICR code for Nasik Maharastra 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 Nasik Maharastra is presented in the table alongside.

Use of Vijaya Bank MICR code for Nasik Maharastra branch in nashik

The MICR code 422029002 is used in RBI cheque clearing process to identify the branch Nasik Maharastra 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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