Central Bank Bhargama Araria Bihar MICR CODE

Find MICR Codes for Central Bank Bhargama Araria 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 Bhargama
Contact 06461-237449
Bank Details Central Bank Of India Bhargama CBIN0282044
Location Bhargama, Araria
City Bhargama
District Araria
State Bihar
Pincode 854324
Country IN
Address Vikas, at & post bhargama, dist- araria, bihar-854324
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 Bhargama 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, Bhargama branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Bhargama 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 -

>>Bhargama

MICR code for Central Bank Bhargama

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

Use of Central Bank Of India MICR code for Bhargama branch in bhargama

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