Vijaya Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Vijaya Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Venkatrayan Road Chennai
Contact
Bank Details Vijaya Bank Venkatrayan Road Chennai VIJB0003035
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600017
Country IN
Address 31,palani towers, venkatrayan road, t nagar, chennai,tamilnadu, 600017
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 600029015 for Venkatrayan Road Chennai 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 600029015 of Vijaya Bank, Venkatrayan Road Chennai branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Venkatrayan Road Chennai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Venkatrayan Road Chennai

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 Venkatrayan Road Chennai 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. 600029015 is the MICR code of Vijaya Bank for Venkatrayan Road Chennai branch. MICR code for Venkatrayan Road Chennai 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 Venkatrayan Road Chennai is presented in the table alongside.

Use of Vijaya Bank MICR code for Venkatrayan Road Chennai branch in chennai

The MICR code 600029015 is used in RBI cheque clearing process to identify the branch Venkatrayan Road Chennai 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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