Vijaya Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Vijaya Bank Panipat Panipat Haryana

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	132029002
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Panipat Haryana
Contact
Bank Details	Vijaya Bank Panipat Haryana VIJB0008307

Location	Panipat, Panipat
City	Panipat
District	Panipat
State	Haryana
Pincode	132103
Country	IN
Address	Plot no 548-3/4, near hotel gaylord, g t road, panipat,haryana, 132103

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 132029002 for Panipat 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 132029002 of Vijaya Bank, Panipat Haryana branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Panipat Haryana 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 -

>>Panipat >>Panipat Haryana >>Panipat Ind Area

MICR code for Vijaya Bank Panipat 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 Panipat 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. 132029002 is the MICR code of Vijaya Bank for Panipat Haryana branch. MICR code for Panipat 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 Panipat Haryana is presented in the table alongside.

Use of Vijaya Bank MICR code for Panipat Haryana branch in panipat

The MICR code 132029002 is used in RBI cheque clearing process to identify the branch Panipat 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.

Copied!