Vijaya Bank Vasai Thane Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Vasai Thane Maharashtra

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasai West Mumbai
Contact Phone: 341020
Bank Details Vijaya Bank Vasai West Mumbai VIJB0005080
Location Vasai, Thane
City Vasai
District Thane
State Maharashtra
Pincode 401202
Country IN
Address Shop no.7,8,9 hiraniketan,ambadi road corner, vasai(west) maharashtra
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 400029058 for Vasai West Mumbai 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 400029058 of Vijaya Bank, Vasai West Mumbai branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Vasai West Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Vijaya Bank are available with micr code -

>>Gokhiware Maharashtra >>Vasai West Mumbai

MICR code for Vijaya Bank Vasai West Mumbai

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 Vasai West Mumbai 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. 400029058 is the MICR code of Vijaya Bank for Vasai West Mumbai branch. MICR code for Vasai West Mumbai 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 Vasai West Mumbai is presented in the table alongside.

Use of Vijaya Bank MICR code for Vasai West Mumbai branch in vasai

The MICR code 400029058 is used in RBI cheque clearing process to identify the branch Vasai West Mumbai 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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