Vijaya Bank Rupnagar Rupnagar Punjab MICR CODE

Find MICR Codes for Vijaya Bank Rupnagar Rupnagar Punjab

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MICR Code	140029001
Bank	Vijaya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ropar Punjab
Contact	Ropar7530@vijayabank.Co.In
Bank Details	Vijaya Bank Ropar Punjab VIJB0007530

Location	Rupnagar, Rupnagar
City	Rupnagar
District	Rupnagar
State	Punjab
Pincode	140001
Country	IN
Address	Door no-24,street no-2,malhotra colony, bellachowk,roopnagar

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 140029001 for Ropar 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 140029001 of Vijaya Bank, Ropar Punjab branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Ropar 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 -

>>Ropar Punjab

MICR code for Vijaya Bank Ropar 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 Ropar 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. 140029001 is the MICR code of Vijaya Bank for Ropar Punjab branch. MICR code for Ropar 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 Ropar Punjab is presented in the table alongside.

Use of Vijaya Bank MICR code for Ropar Punjab branch in rupnagar

The MICR code 140029001 is used in RBI cheque clearing process to identify the branch Ropar 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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