Vijaya Bank Vallabh Vidyanagar Anand Gujarat MICR CODE

Find MICR Codes for Vijaya Bank Vallabh Vidyanagar Anand Gujarat

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MICR Code	388029120
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vallabh Vidya Nagar
Contact	0
Bank Details	Vijaya Bank Vallabh Vidya Nagar VIJB0006906

Location	Vallabh Vidyanagar, Anand
City	Vallabh Vidyanagar
District	Anand
State	Gujarat
Pincode	388120
Country	IN
Address	Shiv shalin complex,opp sardar patel university chemistry dep

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 388029120 for Vallabh Vidya Nagar 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 388029120 of Vijaya Bank, Vallabh Vidya Nagar branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Vallabh Vidya Nagar 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 -

>>Vallabh Vidya Nagar

MICR code for Vijaya Bank Vallabh Vidya Nagar

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 Vallabh Vidya Nagar 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. 388029120 is the MICR code of Vijaya Bank for Vallabh Vidya Nagar branch. MICR code for Vallabh Vidya Nagar 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 Vallabh Vidya Nagar is presented in the table alongside.

Use of Vijaya Bank MICR code for Vallabh Vidya Nagar branch in vallabh vidyanagar

The MICR code 388029120 is used in RBI cheque clearing process to identify the branch Vallabh Vidya Nagar 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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