Vijaya Bank Polavaram Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Polavaram Krishna Andhra Pradesh

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch T Kothapalli Andhra
Contact
Bank Details Vijaya Bank T Kothapalli Andhra VIJB0004126
Location Polavaram, Krishna
City Polavaram
District Krishna
State Andhra Pradesh
Pincode 533220
Country IN
Address 1-32,t kothapalli,main road,i polavaram mandal,andhra pradesh-533220
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 110029058 for T Kothapalli Andhra 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 110029058 of Vijaya Bank, T Kothapalli Andhra branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for T Kothapalli Andhra 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 -

>>T Kothapalli Andhra

MICR code for Vijaya Bank T Kothapalli Andhra

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 T Kothapalli Andhra 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. 110029058 is the MICR code of Vijaya Bank for T Kothapalli Andhra branch. MICR code for T Kothapalli Andhra 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 T Kothapalli Andhra is presented in the table alongside.

Use of Vijaya Bank MICR code for T Kothapalli Andhra branch in polavaram

The MICR code 110029058 is used in RBI cheque clearing process to identify the branch T Kothapalli Andhra 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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