Vijaya Bank Krishna Padamata Andhra Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Krishna Padamata Andhra Pradesh

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Padamata Vijayawada
Contact 0
Bank Details Vijaya Bank Padamata Vijayawada VIJB0004194
Location Krishna, Padamata
City Krishna
District Padamata
State Andhra Pradesh
Pincode 520010
Country IN
Address D.no.59a 18 1 5a teachers colony padamata, vijayawada
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 Padamata Vijayawada 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, Padamata Vijayawada branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Padamata Vijayawada 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 -

>>Padamata Vijayawada

MICR code for Vijaya Bank Padamata Vijayawada

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 Padamata Vijayawada 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 Padamata Vijayawada branch. MICR code for Padamata Vijayawada 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 Padamata Vijayawada is presented in the table alongside.

Use of Vijaya Bank MICR code for Padamata Vijayawada branch in krishna

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