Vijaya Bank Chandigarh Chandigarh Chhattisgarh MICR CODE

Find MICR Codes for Vijaya Bank Chandigarh Chandigarh Chhattisgarh

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MICR Code	166029009
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Msme Cell Chandigarh
Contact	0
Bank Details	Vijaya Bank Msme Cell Chandigarh VIJB0009865

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chhattisgarh
Pincode	140301
Country	IN
Address	Sco -185-187,chandigarh,

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 166029009 for Msme Cell Chandigarh 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 166029009 of Vijaya Bank, Msme Cell Chandigarh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Msme Cell Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Vijaya Bank are available with micr code -

>>Msme Cell Chandigarh

MICR code for Vijaya Bank Msme Cell Chandigarh

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 Msme Cell Chandigarh 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. 166029009 is the MICR code of Vijaya Bank for Msme Cell Chandigarh branch. MICR code for Msme Cell Chandigarh 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 Msme Cell Chandigarh is presented in the table alongside.

Use of Vijaya Bank MICR code for Msme Cell Chandigarh branch in chandigarh

The MICR code 166029009 is used in RBI cheque clearing process to identify the branch Msme Cell Chandigarh 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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