Vijaya Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Vijaya Bank Delhi New Delhi New Delhi

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MICR Code	110029010
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karolbagh New Delhi
Contact
Bank Details	Vijaya Bank Karolbagh New Delhi VIJB0006008

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110005
Country	IN
Address	10203,jamna house, padam singh road, karolbagh, new delhi, 110005

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 110029010 for Karolbagh New Delhi 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 110029010 of Vijaya Bank, Karolbagh New Delhi branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Karolbagh New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 44 branches of Vijaya Bank are available with micr code -

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MICR code for Vijaya Bank Karolbagh New Delhi

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 Karolbagh New Delhi 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. 110029010 is the MICR code of Vijaya Bank for Karolbagh New Delhi branch. MICR code for Karolbagh New Delhi 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 Karolbagh New Delhi is presented in the table alongside.

Use of Vijaya Bank MICR code for Karolbagh New Delhi branch in delhi

The MICR code 110029010 is used in RBI cheque clearing process to identify the branch Karolbagh New Delhi 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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