JSC VTB Bank New Delhi Delhi New Delhi MICR CODE

Find MICR Codes for JSC VTB Bank New Delhi Delhi New Delhi

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MICR Code
Bank JSC VTB Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rtgsho
Contact 11-662210000
Bank Details JSC VTB Bank Rtgsho VTBJ0000001
Location New Delhi, Delhi
City New Delhi
District Delhi
State New Delhi
Pincode 110011
Country IN
Address Jsc vtb bank, taj mahal hotel, lobby mezzanine floor 1, mansingh road new delhi- 110011
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 0 for Rtgsho 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 0 of VTB Bank, Rtgsho branch makes the system almost error free and faster. Use of VTB Bank MICR codes for Rtgsho branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of JSC VTB Bank are available with micr code -

>>Rtgsho

MICR code for JSC VTB Bank Rtgsho

JSC VTB Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. VTB Bank MICR code for Rtgsho 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. 0 is the MICR code of JSC VTB Bank for Rtgsho branch. MICR code for Rtgsho 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 VTB Bank Rtgsho is presented in the table alongside.

Use of VTB Bank MICR code for Rtgsho branch in new delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rtgsho and VTB 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 JSC VTB Bank is typically in either of these two font’s: E-138 and CMC-7.

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