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Vijaya Bank Simla Shimla Himachal Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Simla Shimla Himachal Pradesh

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Simla Himachal Pradesh
Contact
Bank Details Vijaya Bank Simla Himachal Pradesh VIJB0007701
Location Simla, Shimla
City Simla
District Shimla
State Himachal Pradesh
Pincode 171001
Country IN
Address No 2, mall road, simla, himachal pradesh, 171001
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 171029001 for Simla Himachal Pradesh 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 171029001 of Vijaya Bank, Simla Himachal Pradesh branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for Simla Himachal Pradesh 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 -

>>Simla Himachal Pradesh

MICR code for Vijaya Bank Simla Himachal Pradesh

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 Simla Himachal Pradesh 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. 171029001 is the MICR code of Vijaya Bank for Simla Himachal Pradesh branch. MICR code for Simla Himachal Pradesh 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 Simla Himachal Pradesh is presented in the table alongside.

Use of Vijaya Bank MICR code for Simla Himachal Pradesh branch in simla

The MICR code 171029001 is used in RBI cheque clearing process to identify the branch Simla Himachal Pradesh 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.