Central Bank Gondal Rajkot Gujarat MICR CODE

Find MICR Codes for Central Bank Gondal Rajkot Gujarat

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MICR Code	360016004
Bank	Central Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhaktinagar Inst.Area Rajkot
Contact
Bank Details	Central Bank Of India Bhaktinagar Inst.Area Rajkot CBIN0280568

Location	Gondal, Rajkot
City	Gondal
District	Rajkot
State	Gujarat
Pincode	360002
Country	IN
Address	Gondal road, dist-rajkot,gujarat-360002

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.

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Bhaktinagar Inst.Area Rajkot (360016004)

How does MICR code 360016004 for Bhaktinagar Inst.Area Rajkot 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 360016004 of Central Bank Of India, Bhaktinagar Inst.Area Rajkot branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Bhaktinagar Inst.Area Rajkot branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Central Bank Of India are available with micr code -

>>Bhaktinagar Inst.Area Rajkot >>Gondal >>Market Yard Area Gondal

MICR code for Central Bank Bhaktinagar Inst.Area Rajkot

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 Bhaktinagar Inst.Area Rajkot 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. 360016004 is the MICR code of Central Bank India for Bhaktinagar Inst.Area Rajkot branch. MICR code for Bhaktinagar Inst.Area Rajkot 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 Bhaktinagar Inst.Area Rajkot is presented in the table alongside.

Use of Central Bank Of India MICR code for Bhaktinagar Inst.Area Rajkot branch in gondal

The MICR code 360016004 is used in RBI cheque clearing process to identify the branch Bhaktinagar Inst.Area Rajkot 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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