Vijaya Bank Virar Thane Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Virar Thane Maharashtra

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MICR Code	400029034
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Virar(W) Maharastra
Contact
Bank Details	Vijaya Bank Virar(W) Maharastra VIJB0005052

Location	Virar, Thane
City	Virar
District	Thane
State	Maharashtra
Pincode	401303
Country	IN
Address	U r shopping centre, agashi road, virar(w), thana dist,maharashtra, 401303

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 400029034 for Virar(W) Maharastra 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 400029034 of Vijaya Bank, Virar(W) Maharastra branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Virar(W) Maharastra 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 -

>>Virar(W) Maharastra

MICR code for Vijaya Bank Virar(W) Maharastra

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 Virar(W) Maharastra 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. 400029034 is the MICR code of Vijaya Bank for Virar(W) Maharastra branch. MICR code for Virar(W) Maharastra 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 Virar(W) Maharastra is presented in the table alongside.

Use of Vijaya Bank MICR code for Virar(W) Maharastra branch in virar

The MICR code 400029034 is used in RBI cheque clearing process to identify the branch Virar(W) Maharastra 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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