Vijaya Bank Dhanbad Bokaro Jharkhand MICR CODE

Find MICR Codes for Vijaya Bank Dhanbad Bokaro Jharkhand

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dhanbad Jharkhand
Contact Phone: 0326-2303151
Bank Details Vijaya Bank Dhanbad Jharkhand VIJB0008402
Location Dhanbad, Bokaro
City Dhanbad
District Bokaro
State Jharkhand
Pincode 826001
Country IN
Address P b no 55, katesaria centre, bank more, dhanbad,jharkhand, 826001
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 Dhanbad Jharkhand 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, Dhanbad Jharkhand branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Dhanbad Jharkhand 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 -

>>Dhanbad Jharkhand

MICR code for Vijaya Bank Dhanbad Jharkhand

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 Dhanbad Jharkhand 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 Dhanbad Jharkhand branch. MICR code for Dhanbad Jharkhand 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 Dhanbad Jharkhand is presented in the table alongside.

Use of Vijaya Bank MICR code for Dhanbad Jharkhand branch in dhanbad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dhanbad Jharkhand 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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