Vijaya Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Vijaya Bank Chennai Chennai Tamil Nadu

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MICR Code	602029052
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vij Red Hills Tamilnadu
Contact	0
Bank Details	Vijaya Bank Vij Red Hills Tamilnadu VIJB0003114

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	602052
Country	IN
Address	No.126,bypass road,red hills chennai-602052

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 602029052 for Vij Red Hills Tamilnadu 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 602029052 of Vijaya Bank, Vij Red Hills Tamilnadu branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Vij Red Hills Tamilnadu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 48 branches of Vijaya Bank are available with micr code -

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MICR code for Vijaya Bank Vij Red Hills Tamilnadu

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 Vij Red Hills Tamilnadu 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. 602029052 is the MICR code of Vijaya Bank for Vij Red Hills Tamilnadu branch. MICR code for Vij Red Hills Tamilnadu 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 Vij Red Hills Tamilnadu is presented in the table alongside.

Use of Vijaya Bank MICR code for Vij Red Hills Tamilnadu branch in chennai

The MICR code 602029052 is used in RBI cheque clearing process to identify the branch Vij Red Hills Tamilnadu 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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