Vijaya Bank Peddur Vellore Tamil Nadu MICR CODE

Find MICR Codes for Vijaya Bank Peddur Vellore Tamil Nadu

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Peddur Andhra Prades
Contact
Bank Details Vijaya Bank Peddur Andhra Prades VIJB0004122
Location Peddur, Vellore
City Peddur
District Vellore
State Tamil Nadu
Pincode 509385
Country IN
Address D no:2/88, peddur village, peddur (post), telkapally(mandal), nagarkurnool(taluk)-509385
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 509029385 for Peddur Andhra Prades 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 509029385 of Vijaya Bank, Peddur Andhra Prades branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Peddur Andhra Prades 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 -

>>Peddur Andhra Prades

MICR code for Vijaya Bank Peddur Andhra Prades

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 Peddur Andhra Prades 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. 509029385 is the MICR code of Vijaya Bank for Peddur Andhra Prades branch. MICR code for Peddur Andhra Prades 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 Peddur Andhra Prades is presented in the table alongside.

Use of Vijaya Bank MICR code for Peddur Andhra Prades branch in peddur

The MICR code 509029385 is used in RBI cheque clearing process to identify the branch Peddur Andhra Prades 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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