Vijaya Bank Palladam Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Vijaya Bank Palladam Coimbatore Tamil Nadu

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MICR Code	641029664
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Palladam Branch
Contact	0412-2240308
Bank Details	Vijaya Bank Palladam Branch VIJB0003094

Location	Palladam, Coimbatore
City	Palladam
District	Coimbatore
State	Tamil Nadu
Pincode	641664
Country	IN
Address	160,palladam road,tiruppur districttamil nadu-641664

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 641029664 for Palladam Branch 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 641029664 of Vijaya Bank, Palladam Branch branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Palladam Branch 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 -

>>Palladam Branch

MICR code for Vijaya Bank Palladam Branch

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 Palladam Branch 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. 641029664 is the MICR code of Vijaya Bank for Palladam Branch branch. MICR code for Palladam Branch 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 Palladam Branch is presented in the table alongside.

Use of Vijaya Bank MICR code for Palladam Branch branch in palladam

The MICR code 641029664 is used in RBI cheque clearing process to identify the branch Palladam Branch 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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