Vijaya Bank Veraval Junagadh Gujarat MICR CODE

Find MICR Codes for Vijaya Bank Veraval Junagadh Gujarat

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Veraval Gujarat
Contact
Bank Details Vijaya Bank Veraval Gujarat VIJB0007314
Location Veraval, Junagadh
City Veraval
District Junagadh
State Gujarat
Pincode 362265
Country IN
Address Bunder road, timber market, veraval, gujarat state, 362265
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 Veraval Gujarat 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, Veraval Gujarat branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Veraval Gujarat 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 -

>>Veraval Gujarat

MICR code for Vijaya Bank Veraval Gujarat

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 Veraval Gujarat 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 Veraval Gujarat branch. MICR code for Veraval Gujarat 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 Veraval Gujarat is presented in the table alongside.

Use of Vijaya Bank MICR code for Veraval Gujarat branch in veraval

The MICR code 0 is used in RBI cheque clearing process to identify the branch Veraval Gujarat 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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