Vijaya Bank Nainital Nainital Uttrakhand MICR CODE

Find MICR Codes for Vijaya Bank Nainital Nainital Uttrakhand

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nainital Uttarakhand
Contact Phone: 05942 235680
Bank Details Vijaya Bank Nainital Uttarakhand VIJB0007130
Location Nainital, Nainital
City Nainital
District Nainital
State Uttrakhand
Pincode 263001
Country IN
Address Hotel woodlands bldg, bara bazaar, mall road, nainital,uttarakhand, 263001
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 0 for Nainital Uttarakhand 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 0 of Vijaya Bank, Nainital Uttarakhand branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Nainital Uttarakhand 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 -

>>Nainital Uttarakhand

MICR code for Vijaya Bank Nainital Uttarakhand

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 Nainital Uttarakhand 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. 0 is the MICR code of Vijaya Bank for Nainital Uttarakhand branch. MICR code for Nainital Uttarakhand 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 Nainital Uttarakhand is presented in the table alongside.

Use of Vijaya Bank MICR code for Nainital Uttarakhand branch in nainital

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nainital Uttarakhand 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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