Vijaya Bank Vandazhi Palakkad Kerala MICR CODE

Find MICR Codes for Vijaya Bank Vandazhi Palakkad Kerala

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vandazhy Kerala
Contact
Bank Details Vijaya Bank Vandazhy Kerala VIJB0002042
Location Vandazhi, Palakkad
City Vandazhi
District Palakkad
State Kerala
Pincode 678706
Country IN
Address Vandazhy, althur taluk, palakkad dist, kerala state, 678706
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 Vandazhy Kerala 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, Vandazhy Kerala branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Vandazhy Kerala 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 -

>>Vandazhy Kerala

MICR code for Vijaya Bank Vandazhy Kerala

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 Vandazhy Kerala 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 Vandazhy Kerala branch. MICR code for Vandazhy Kerala 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 Vandazhy Kerala is presented in the table alongside.

Use of Vijaya Bank MICR code for Vandazhy Kerala branch in vandazhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vandazhy Kerala 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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