Vijaya Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Indore Indore Madhya Pradesh

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sapna Sangeeta Road Indore
Contact Phone: 0731-2470830, ,
Bank Details Vijaya Bank Sapna Sangeeta Road Indore VIJB0007607
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address No.32, sneh nagar main, sapna sangeeta road, indore,madhya pradesh, 452001
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 452029003 for Sapna Sangeeta Road Indore 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 452029003 of Vijaya Bank, Sapna Sangeeta Road Indore branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Sapna Sangeeta Road Indore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Vijaya Bank are available with micr code -

>>Annapurna Road Indore >>Indore Madhya Pradesh >>Khajrana Roadindore >>Sapna Sangeeta Road Indore >>Vijay Nagar Branch Indore

MICR code for Vijaya Bank Sapna Sangeeta Road Indore

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 Sapna Sangeeta Road Indore 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. 452029003 is the MICR code of Vijaya Bank for Sapna Sangeeta Road Indore branch. MICR code for Sapna Sangeeta Road Indore 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 Sapna Sangeeta Road Indore is presented in the table alongside.

Use of Vijaya Bank MICR code for Sapna Sangeeta Road Indore branch in indore

The MICR code 452029003 is used in RBI cheque clearing process to identify the branch Sapna Sangeeta Road Indore 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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