Central Bank Almasnagar Samastipur Bihar MICR CODE

Find MICR Codes for Central Bank Almasnagar Samastipur Bihar

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Almasnagar
Contact 06274-273507
Bank Details Central Bank Of India Almasnagar CBIN0281795
Location Almasnagar, Samastipur
City Almasnagar
District Samastipur
State Bihar
Pincode 848117
Country IN
Address At & p.o.almasnagar, dist- samastipur, bihar-848 117
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 Almasnagar 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 Central Bank Of India, Almasnagar branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Almasnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Central Bank Of India are available with micr code -

>>Almasnagar

MICR code for Central Bank Almasnagar

Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Central Bank Of India MICR code for Almasnagar 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 Central Bank India for Almasnagar branch. MICR code for Almasnagar 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 Central Bank Of India Almasnagar is presented in the table alongside.

Use of Central Bank Of India MICR code for Almasnagar branch in almasnagar

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

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