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
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mayur Vihar Delhi
Contact
Bank Details Vijaya Bank Mayur Vihar Delhi VIJB0006048
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110091
Country IN
Address D-29,acharya niketan,mayur vihar phase - i,110091
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 110029048 for Mayur Vihar 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 110029048 of Vijaya Bank, Mayur Vihar Delhi branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Mayur Vihar Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Mayur Vihar 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 Mayur Vihar 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. 110029048 is the MICR code of Vijaya Bank for Mayur Vihar Delhi branch. MICR code for Mayur Vihar 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 Mayur Vihar Delhi is presented in the table alongside.

Use of Vijaya Bank MICR code for Mayur Vihar Delhi branch in delhi

The MICR code 110029048 is used in RBI cheque clearing process to identify the branch Mayur Vihar 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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