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 Nangloi Delhi
Contact Phone:011-25948010
Bank Details Vijaya Bank Nangloi Delhi VIJB0006050
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110041
Country IN
Address A-5,naresh park extention,nazafgar road,nangloi,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 110029051 for Nangloi 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 110029051 of Vijaya Bank, Nangloi Delhi branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Nangloi Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Nangloi 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 Nangloi 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. 110029051 is the MICR code of Vijaya Bank for Nangloi Delhi branch. MICR code for Nangloi 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 Nangloi Delhi is presented in the table alongside.

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

The MICR code 110029051 is used in RBI cheque clearing process to identify the branch Nangloi 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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