Vijaya Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Vijaya Bank Faridabad Faridabad Haryana

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Old Faridabad
Contact
Bank Details Vijaya Bank Old Faridabad VIJB0008325
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121002
Country IN
Address 1085e,puran enclave,shivam plaza,sec 28-29 chowk,old faridabad-121002
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 121029002 for Old Faridabad 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 121029002 of Vijaya Bank, Old Faridabad branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Old Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Vijaya Bank are available with micr code -

>>Faridabad Haryana >>Main Mathura Road Faridaba >>Old Faridabad

MICR code for Vijaya Bank Old Faridabad

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 Old Faridabad 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. 121029002 is the MICR code of Vijaya Bank for Old Faridabad branch. MICR code for Old Faridabad 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 Old Faridabad is presented in the table alongside.

Use of Vijaya Bank MICR code for Old Faridabad branch in faridabad

The MICR code 121029002 is used in RBI cheque clearing process to identify the branch Old Faridabad 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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