Vijaya Bank Patiala Patiala Punjab MICR CODE

Find MICR Codes for Vijaya Bank Patiala Patiala Punjab

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MICR Code	-NA-
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Patiala Punjab
Contact
Bank Details	Vijaya Bank Patiala Punjab VIJB0007504

Location	Patiala, Patiala
City	Patiala
District	Patiala
State	Punjab
Pincode	147001
Country	IN
Address	P b no 63,sco 143, opp:improvement trust, chotti baradari, patiala,punjab, 147001

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 Patiala Punjab 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, Patiala Punjab branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Patiala Punjab branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Vijaya Bank are available with micr code -

>>Patiala Punjab

MICR code for Vijaya Bank Patiala Punjab

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 Patiala Punjab 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 Patiala Punjab branch. MICR code for Patiala Punjab 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 Patiala Punjab is presented in the table alongside.

Use of Vijaya Bank MICR code for Patiala Punjab branch in patiala

The MICR code 0 is used in RBI cheque clearing process to identify the branch Patiala Punjab 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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