MICR Code: 1029001

Bank: Vijaya Bank
IFSC Code: Vijb0008430
MICR Code: 1029001
Address: Ground Floor Dokanaia Market Alaiganj, Banka Bhiar Patna
City: Banka
District: Banaka
State: Bihar

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 1029001.

  • In this case first three codes 102 is city code and it represents city Banka.
  • Next three characters 900 represents bank Vijaya Bank.

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.