Vijaya Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Vijaya Bank Thane Thane Maharashtra

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Waghbill Thane
Contact
Bank Details Vijaya Bank Waghbill Thane VIJB0005085
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400607
Country IN
Address Om manu smruti co-operative housing,society,g26-30 dongripada,waghbill,thane
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 400029059 for Waghbill Thane 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 400029059 of Vijaya Bank, Waghbill Thane branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Waghbill Thane branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Vijaya Bank are available with micr code -

>>Dahisar More >>Ghodbundar Road Thana (W) >>Kalwa Branch Thane >>Louiswadi Thana(W) >>Mohone Maharastra >>Thana(W) Maharastra >>Waghbill Thane

MICR code for Vijaya Bank Waghbill Thane

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 Waghbill Thane 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. 400029059 is the MICR code of Vijaya Bank for Waghbill Thane branch. MICR code for Waghbill Thane 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 Waghbill Thane is presented in the table alongside.

Use of Vijaya Bank MICR code for Waghbill Thane branch in thane

The MICR code 400029059 is used in RBI cheque clearing process to identify the branch Waghbill Thane 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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