Vijaya Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Vijaya Bank Kolkata Kolkata West Bengal

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Burrabazar Kolkata
Contact
Bank Details Vijaya Bank Burrabazar Kolkata VIJB0007203
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700007
Country IN
Address No 12/2, s b street, burrabazar, kolkata,west bengal, 700007
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 700029004 for Burrabazar Kolkata 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 700029004 of Vijaya Bank, Burrabazar Kolkata branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Burrabazar Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Burrabazar Kolkata

Vijaya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Vijaya Bank MICR code for Burrabazar Kolkata 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. 700029004 is the MICR code of Vijaya Bank for Burrabazar Kolkata branch. MICR code for Burrabazar Kolkata 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 Vijaya Bank Burrabazar Kolkata is presented in the table alongside.

Use of Vijaya Bank MICR code for Burrabazar Kolkata branch in kolkata

The MICR code 700029004 is used in RBI cheque clearing process to identify the branch Burrabazar Kolkata and Vijaya 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 Vijaya Bank is typically in either of these two font’s: E-138 and CMC-7.

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