Vijaya Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Vijaya Bank Delhi 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 Najafgarh Delhi
Contact Email: Najafgarh6051@vijayabank.Co.In
Bank Details Vijaya Bank Najafgarh Delhi VIJB0006051
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110043
Country IN
Address Rz-5,old roshanpura,main gurgaon road,najafgarh,delhi
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 110029052 for Najafgarh 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 110029052 of Vijaya Bank, Najafgarh Delhi branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Najafgarh Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Najafgarh 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 Najafgarh 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. 110029052 is the MICR code of Vijaya Bank for Najafgarh Delhi branch. MICR code for Najafgarh 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 Najafgarh Delhi is presented in the table alongside.

Use of Vijaya Bank MICR code for Najafgarh Delhi branch in delhi

The MICR code 110029052 is used in RBI cheque clearing process to identify the branch Najafgarh 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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