Catholic Syrian Bank Mulugu Eturunagaram Telangana MICR CODE

Find MICR Codes for Catholic Syrian Bank Mulugu Eturunagaram Telangana

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MICR Code
Bank Catholic Syrian Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Eturunagaram
Contact 91-9866821394
Bank Details Catholic Syrian Bank Ltd Eturunagaram CSBK0000766
Location Mulugu, Eturunagaram
City Mulugu
District Eturunagaram
State Telangana
Pincode 506165
Country IN
Address Ground floor,h no 7 272, near bus stand, opp pnb bank, ramannaguda road, etutunagaram, mulugu, telangana 506165
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 Eturunagaram 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 CSB Bank, Eturunagaram branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Eturunagaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Catholic Syrian Bank Ltd are available with micr code -

>>Eturunagaram

MICR code for Catholic Syrian Bank Eturunagaram

Catholic Syrian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. CSB Bank MICR code for Eturunagaram 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 Syrian Bank for Eturunagaram branch. MICR code for Eturunagaram 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 CSB Bank Eturunagaram is presented in the table alongside.

Use of CSB Bank MICR code for Eturunagaram branch in mulugu

The MICR code 0 is used in RBI cheque clearing process to identify the branch Eturunagaram and CSB 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 Syrian Bank is typically in either of these two font’s: E-138 and CMC-7.

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