Vijaya Bank Pernem North Goa Goa MICR CODE

Find MICR Codes for Vijaya Bank Pernem North Goa Goa

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Perne
Contact Perne1469@vijayabank.Co.In
Bank Details Vijaya Bank Perne VIJB0001469
Location Pernem, North Goa
City Pernem
District North Goa
State Goa
Pincode 403512
Country IN
Address Milk producers co-op society, post & village - perne
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 Perne 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, Perne branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Perne 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 -

>>Perne

MICR code for Vijaya Bank Perne

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 Perne 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 Perne branch. MICR code for Perne 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 Perne is presented in the table alongside.

Use of Vijaya Bank MICR code for Perne branch in pernem

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