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Vijaya Bank Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Vijaya Bank Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Vijaya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch V N Marg Allhabad
Contact Phone:0532-2401296
Bank Details Vijaya Bank V N Marg Allhabad VIJB0007102
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211003
Country IN
Address P b no 112, kundan complex, 70,v n marg, allahabad,u p, 211003
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 211029002 for V N Marg Allhabad 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 211029002 of Vijaya Bank, V N Marg Allhabad branch makes the system almost error free and faster. Use of Vijaya Bank MICR codes for V N Marg Allhabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Vijaya Bank V N Marg Allhabad

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 V N Marg Allhabad 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. 211029002 is the MICR code of Vijaya Bank for V N Marg Allhabad branch. MICR code for V N Marg Allhabad 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 V N Marg Allhabad is presented in the table alongside.

Use of Vijaya Bank MICR code for V N Marg Allhabad branch in allahabad

The MICR code 211029002 is used in RBI cheque clearing process to identify the branch V N Marg Allhabad 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.