Vijaya Bank Rau Indore Madhya Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Rau Indore Madhya Pradesh

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MICR Code	453029331
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rau Madhya Pradesh
Contact	0
Bank Details	Vijaya Bank Rau Madhya Pradesh VIJB0007673

Location	Rau, Indore
City	Rau
District	Indore
State	Madhya Pradesh
Pincode	453331
Country	IN
Address	N-heights 587 opposite to mamaji dhaba a.b.road rau district indore m.p pin 453331

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 453029331 for Rau Madhya 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 453029331 of Vijaya Bank, Rau Madhya Pradesh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Rau Madhya 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 -

>>Rau Madhya Pradesh

MICR code for Vijaya Bank Rau Madhya 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 Rau Madhya 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. 453029331 is the MICR code of Vijaya Bank for Rau Madhya Pradesh branch. MICR code for Rau Madhya 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 Rau Madhya Pradesh is presented in the table alongside.

Use of Vijaya Bank MICR code for Rau Madhya Pradesh branch in rau

The MICR code 453029331 is used in RBI cheque clearing process to identify the branch Rau Madhya 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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