Vijaya Bank Sangareddy Medak Andhra Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Sangareddy Medak Andhra Pradesh

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sangareddy Andhrapradesh
Contact Email:Sangareddy4101@vijayabank.Co.In
Bank Details Vijaya Bank Sangareddy Andhrapradesh VIJB0004101
Location Sangareddy, Medak
City Sangareddy
District Medak
State Andhra Pradesh
Pincode 502001
Country IN
Address Hussain complex,manjeera nagar,sangareddy, andhrapradesh
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 Sangareddy Andhrapradesh 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, Sangareddy Andhrapradesh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Sangareddy Andhrapradesh 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 -

>>Sangareddy Andhrapradesh

MICR code for Vijaya Bank Sangareddy Andhrapradesh

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 Sangareddy Andhrapradesh 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 Sangareddy Andhrapradesh branch. MICR code for Sangareddy Andhrapradesh 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 Sangareddy Andhrapradesh is presented in the table alongside.

Use of Vijaya Bank MICR code for Sangareddy Andhrapradesh branch in sangareddy

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