Catholic Syrian Bank Nagpur Nagpur Ii Itwari Maharashtra MICR CODE

Find MICR Codes for Catholic Syrian Bank Nagpur Nagpur Ii Itwari Maharashtra

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MICR Code
Bank Catholic Syrian Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagpur Ii Itwari
Contact 91-9821263639
Bank Details Catholic Syrian Bank Ltd Nagpur Ii Itwari CSBK0000842
Location Nagpur, Nagpur Ii Itwari
City Nagpur
District Nagpur Ii Itwari
State Maharashtra
Pincode 440002
Country IN
Address Ground floor, plot no 1534, house no 772, namakganj, nagpur, maharshtra 440002
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 Nagpur Ii Itwari 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, Nagpur Ii Itwari branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Nagpur Ii Itwari 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 -

>>Nagpur Ii Itwari

MICR code for Catholic Syrian Bank Nagpur Ii Itwari

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 Nagpur Ii Itwari 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 Nagpur Ii Itwari branch. MICR code for Nagpur Ii Itwari 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 Nagpur Ii Itwari is presented in the table alongside.

Use of CSB Bank MICR code for Nagpur Ii Itwari branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nagpur Ii Itwari 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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