Central Bank Bada Naya Gaon Bundi Rajasthan MICR CODE

Find MICR Codes for Central Bank Bada Naya Gaon Bundi Rajasthan

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badanayagaon
Contact 07436-274809
Bank Details Central Bank Of India Badanayagaon CBIN0280456
Location Bada Naya Gaon, Bundi
City Bada Naya Gaon
District Bundi
State Rajasthan
Pincode 323024
Country IN
Address Po:badanaya gaon, dist- bundi, rajasthan-323024
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 Badanayagaon 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, Badanayagaon branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Badanayagaon 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 -

>>Badanayagaon

MICR code for Central Bank Badanayagaon

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 Badanayagaon 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 Badanayagaon branch. MICR code for Badanayagaon 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 Badanayagaon is presented in the table alongside.

Use of Central Bank Of India MICR code for Badanayagaon branch in bada naya gaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Badanayagaon 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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