Vijaya Bank Nizamabad Karim Nagar Andhra Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Nizamabad Karim Nagar Andhra Pradesh

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MICR Code	503029002
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nizamabad Andhra Pradesh
Contact	Phone:08442 220910
Bank Details	Vijaya Bank Nizamabad Andhra Pradesh VIJB0004018

Location	Nizamabad, Karim Nagar
City	Nizamabad
District	Karim Nagar
State	Andhra Pradesh
Pincode	503001
Country	IN
Address	P b no 102, g y mansions, godown street, nizamabad,a p, 503001

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 503029002 for Nizamabad Andhra 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 503029002 of Vijaya Bank, Nizamabad Andhra Pradesh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Nizamabad Andhra Pradesh 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 -

>>Nizamabad Andhra Pradesh

MICR code for Vijaya Bank Nizamabad Andhra 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 Nizamabad Andhra 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. 503029002 is the MICR code of Vijaya Bank for Nizamabad Andhra Pradesh branch. MICR code for Nizamabad Andhra 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 Nizamabad Andhra Pradesh is presented in the table alongside.

Use of Vijaya Bank MICR code for Nizamabad Andhra Pradesh branch in nizamabad

The MICR code 503029002 is used in RBI cheque clearing process to identify the branch Nizamabad Andhra 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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