Vijaya Bank Nileshwar Kasaragod Kerala MICR CODE

Find MICR Codes for Vijaya Bank Nileshwar Kasaragod Kerala

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nileshwar
Contact Nileshwar2088@vijayabank.Co.In
Bank Details Vijaya Bank Nileshwar VIJB0002088
Location Nileshwar, Kasaragod
City Nileshwar
District Kasaragod
State Kerala
Pincode 671314
Country IN
Address Building no-420,padma building,nileshwar,kasargod district,kerala-671314
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 671029314 for Nileshwar 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 671029314 of Vijaya Bank, Nileshwar branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Nileshwar 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 -

>>Nileshwar

MICR code for Vijaya Bank Nileshwar

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 Nileshwar 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. 671029314 is the MICR code of Vijaya Bank for Nileshwar branch. MICR code for Nileshwar 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 Nileshwar is presented in the table alongside.

Use of Vijaya Bank MICR code for Nileshwar branch in nileshwar

The MICR code 671029314 is used in RBI cheque clearing process to identify the branch Nileshwar 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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