VIJAYA BANK IFSC Code
VIJAYA BANK IFSC code is a unique 11-digit code used for a branchfor making an online transfer through NEFT, RTGS, and IMPS. Each branch of the bank has a unique alphanumeric code which is different for all. The first four characters of the IFSC code identifies the name of VIJAYA BANK. The fifth character is 0 (zero) and the last six numbers represent the bank’s branch code. The IFSC code is not changed or updated for any bank.The code is only changed in case of any bank mergers.
An IFSC code is important to make all kinds of funds transfer through NEFT, RTGS, and IMPS. It is important that the correct IFSC code is used during the transactions. IFSC code or Indian Financial System Code is a mix of alphabets and numbers. It is mandatory to have the IFSC code for any kind of funds transfer. This code helps in eliminating any error and making the process smooth. Reserve Bank of India (RBI) assigns these codes to all the banks and its branches which helps in streamlining the process of transferring funds within India.
How To Search For IFSC Code Of VIJAYA BANK
An IFSC Code could be found on a cheque book or bank’s official website. There are also some websites that provide IFSC code details of a bank’s branch. We are one such website that provides IFSC codes of VIJAYA BANK. In the drop-down menu, you need to click on IFSC codes. Once you reach the page, select the name of the bank, state, district, and branch to get the IFSC code details. The page will provide the bank’s name, branch’s address, branch’s phone number, and the IFSC code.
The IFSC code of VIJAYA BANK can be found on top left corner of the bank’s cheque leaf under the VIJAYA BANK’s address. However, the placement of the IFSC code on the cheque leaf may vary from bank to bank. It can also be found in the VIJAYA BANK’s monthly statement sent to the bank’s customer or the customer’s passbook. RBI monitors all the transactions of the VIJAYA BANK through this unique code which is mandatory for funds transfers in the bank.
Finding VIJAYA BANK IFSC Code For NEFT, RTGS, And IMPS
To transfer the funds from one bank to another through online mode – NEFT, RTGS, and IMPS can be used. There are many online resources that can help you find the IFSC code of a bank. These resources give the details of the VIJAYA BANK’s name, branch, IFSC code of that branch, VIJAYA BANK’s address, and VIJAYA BANK’s phone number.
We provide comprehensive data of all the branches of the VIJAYA BANK’s IFSC codes. Here is how you do the search:
- Open the bank’s page and go to the IFSC code option on the website.
- Once on the page, you will need to select VIJAYA BANK bank, the state in which VIJAYA BANK bank is located, its district, and VIJAYA BANK bank’s branch.
- This search leads you the specific results based on your search criteria.
- The result will have VIJAYA BANK’s IFSC code, MICR code, official address, and phone number.
Registration Of The Beneficiaries
The following information is needed to register a beneficiary to initiate funds transfer in VIJAYA BANK.
- Amount to be transferred
- Account number of the customer of VIJAYA BANK
- Bank name
- Beneficiary’s name
- VIJAYA BANK’s branch address
- IFSC code of the VIJAYA BANK bank
The registration of a beneficiary can take up to 12 hours.
NEFT Or National Electronic Fund Transfer
NEFTor National Electronic Fund Transfer is an electronic mode of transferring funds. It is very easy and convenient. There is no transaction limit or maximum amount for NEFT transactions in any bank. But there is a daily limit in every bank. The transactions are initiated in batches which depends on the working hours of VIJAYA BANK and does not include bank holidays and weekends. Any transaction, done after the banking working hours or on holidays, will be initiated on next working day. VIJAYA BANK charges an amount as NEFT fees to their customers.
RTGS Or Real Time Gross Settlement
RTGS or Real Time Gross Settlement is another method for electronic transfers of funds. Unlike the NEFT, RTGS has a faster initiation system. This is not time or boundaries restricted within India. RTGS is usually used for transferring higher amounts of funds. Just like NEFT, RTGS is also initiated during VIJAYA BANK’s working hours and does not include bank holidays and weekends. However, to use RTGS it is important that both the sender’s and beneficiary’s bank branches have RTGS facilities. In case any one of the branches does not have the system, then RTGS cannot be initiated.
Due to any reason if the funds are not received by the beneficiary, the funds are reversed to the sender’s account. RTGS transactions can be scheduled 3 days prior. VIJAYA BANK charges an amount as RTGS fees to their customers.
IMPS OR Immediate Payment System
IMPS or Immediate Payment System is another electronic mode to transfer funds provided by VIJAYA BANK. The transaction is instant and is not restricted to VIJAYA BANK’s working hours, holidays, or weekends. It is faster than NEFT or RTGS. There is no limit to the amount transferred from one account to the other. In case of mobile banking transfers, you should know the beneficiary's account number and MMID (Mobile Money Identifier) code. MMID is a seven-digit number issued by VIJAYA BANK to the person who is using the mobile banking services. Registration of beneficiary is not necessary if IMPS is being done through mobile banking. VIJAYA BANK charges an amount as IMPS fees to their customers.
VIJAYA BANK - All Contact Information
Here is the list of all the contact information for all the branches of the VIJAYA BANK.