Vijaya Bank Surat City Surat Gujarat MICR CODE

Find MICR Codes for Vijaya Bank Surat City Surat Gujarat

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palanpur Gam Surat
Contact 0
Bank Details Vijaya Bank Palanpur Gam Surat VIJB0006920
Location Surat City, Surat
City Surat City
District Surat
State Gujarat
Pincode 395009
Country IN
Address Shop no 16-21, raj galaxynr mathura nagar, palanpur gam-395009
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 Palanpur Gam Surat 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, Palanpur Gam Surat branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Palanpur Gam Surat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Vijaya Bank are available with micr code -

>>Athwa Dumas Surat >>Palanpur Gam Surat

MICR code for Vijaya Bank Palanpur Gam Surat

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 Palanpur Gam Surat 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 Palanpur Gam Surat branch. MICR code for Palanpur Gam Surat 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 Palanpur Gam Surat is presented in the table alongside.

Use of Vijaya Bank MICR code for Palanpur Gam Surat branch in surat city

The MICR code 0 is used in RBI cheque clearing process to identify the branch Palanpur Gam Surat 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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