MICR Code Bank
Find MICR code for JSC VTB Bank branches in India for NEFT and RTGS transfer

JSC VTB Bank MICR CODE

Find MICR Codes for JSC VTB Bank

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  1. JSC VTB Bank »
  2. New Delhi »
  3. delhi »
  4. new delhi »
  5. rtgsho

Find MICR Codes for JSC VTB Bank

MICR Code: -NA-
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

How does MICR code for 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 of VTB Bank, branch makes the system almost error free and faster. Use of VTB Bank MICR codes for 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

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 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. is the MICR code of JSC VTB Bank for branch. MICR code for 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 is presented in the table alongside.

Use of VTB Bank MICR code for branch in new delhi

The MICR code is used in RBI cheque clearing process to identify the branch 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.