Vijaya Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Vijaya Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palam Vihar Haryana
Contact
Bank Details Vijaya Bank Palam Vihar Haryana VIJB0008324
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122017
Country IN
Address Shop no:523,saini plaza market opposite:h block,palam vihar,near shiv murthi-122017
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 571029421 for Palam Vihar Haryana 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 571029421 of Vijaya Bank, Palam Vihar Haryana branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Palam Vihar Haryana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Vijaya Bank are available with micr code -

>>Dlf Phase I Gurgaon >>Gurgaon Haryana >>Malihad Uttaraprades >>Palam Vihar Haryana >>Railway Road Gurgaon >>Vij Babupur Gurgaon

MICR code for Vijaya Bank Palam Vihar Haryana

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 Palam Vihar Haryana 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. 571029421 is the MICR code of Vijaya Bank for Palam Vihar Haryana branch. MICR code for Palam Vihar Haryana 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 Palam Vihar Haryana is presented in the table alongside.

Use of Vijaya Bank MICR code for Palam Vihar Haryana branch in gurgaon

The MICR code 571029421 is used in RBI cheque clearing process to identify the branch Palam Vihar Haryana 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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