Vijaya Bank Guwahati Kamrup Assam MICR CODE

Find MICR Codes for Vijaya Bank Guwahati Kamrup Assam

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maligoan Guwahati
Contact Phone:0361-2675328
Bank Details Vijaya Bank Maligoan Guwahati VIJB0008010
Location Guwahati, Kamrup
City Guwahati
District Kamrup
State Assam
Pincode 781012
Country IN
Address Maligaon guwahati, assam 781012
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 781029004 for Maligoan Guwahati 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 781029004 of Vijaya Bank, Maligoan Guwahati branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Maligoan Guwahati branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Maligoan Guwahati

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 Maligoan Guwahati 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. 781029004 is the MICR code of Vijaya Bank for Maligoan Guwahati branch. MICR code for Maligoan Guwahati 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 Maligoan Guwahati is presented in the table alongside.

Use of Vijaya Bank MICR code for Maligoan Guwahati branch in guwahati

The MICR code 781029004 is used in RBI cheque clearing process to identify the branch Maligoan Guwahati 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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