MICR Code: 500029029

Bank: Vijaya Bank
IFSC Code: Vijb0004803
MICR Code: 500029029
Address: Prakash Nagar, Begumpet,H. No.30/A,1-8-616/1,, Opp. Begumpet Airport, Prakash Nagar, Hyderabad, Andhra Pradesh
City: Hyderabad
District: Hyderabad
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 500029029.

  • In this case first three codes 500 is city code and it represents city Hyderabad.
  • Next three characters 029 represents bank Vijaya Bank.
  • Remaining characters which are 029 represents branch. In our case branch is located at address Prakash Nagar, Begumpet,H. No.30/A,1-8-616/1,, Opp. Begumpet Airport, Prakash Nagar, Hyderabad, Andhra Pradesh.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.