Vijaya Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Vijaya Bank Patna Patna Bihar

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MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sitmarhi Branch
Contact Sitamarhi8426@vijayabank.Co.In
Bank Details Vijaya Bank Sitmarhi Branch VIJB0008426
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address 1st floor,bye pass road,chak mahila,sitamarhi
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 110029110 for Sitmarhi Branch 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 110029110 of Vijaya Bank, Sitmarhi Branch branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Sitmarhi Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank Sitmarhi Branch

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 Sitmarhi Branch 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. 110029110 is the MICR code of Vijaya Bank for Sitmarhi Branch branch. MICR code for Sitmarhi Branch 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 Sitmarhi Branch is presented in the table alongside.

Use of Vijaya Bank MICR code for Sitmarhi Branch branch in patna

The MICR code 110029110 is used in RBI cheque clearing process to identify the branch Sitmarhi Branch 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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