Vijaya Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Vijaya Bank Kolkata Kolkata West Bengal

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Park Street Kolkata
Contact
Bank Details Vijaya Bank Park Street Kolkata VIJB0007208
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700017
Country IN
Address No 125/1, a g towers, park street, kolkata,west bengal, 700017
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 700029008 for Park Street Kolkata 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 700029008 of Vijaya Bank, Park Street Kolkata branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Park Street Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Park Street Kolkata

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 Park Street Kolkata 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. 700029008 is the MICR code of Vijaya Bank for Park Street Kolkata branch. MICR code for Park Street Kolkata 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 Park Street Kolkata is presented in the table alongside.

Use of Vijaya Bank MICR code for Park Street Kolkata branch in kolkata

The MICR code 700029008 is used in RBI cheque clearing process to identify the branch Park Street Kolkata 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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