Central Bank Bhavnagar Bhavnagar Gujarat MICR CODE

Find MICR Codes for Central Bank Bhavnagar Bhavnagar Gujarat

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhavnagar
Contact 0278-2424084
Bank Details Central Bank Of India Bhavnagar CBIN0280557
Location Bhavnagar, Bhavnagar
City Bhavnagar
District Bhavnagar
State Gujarat
Pincode 364001
Country IN
Address Harris road, dist-bhavnagar,gujarat-364001
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 364016001 for Bhavnagar 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 364016001 of Central Bank Of India, Bhavnagar branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Bhavnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Central Bank Of India are available with micr code -

>>Bhavnagar >>Sardar Nagar Area Bhavnagar

MICR code for Central Bank Bhavnagar

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 Bhavnagar 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. 364016001 is the MICR code of Central Bank India for Bhavnagar branch. MICR code for Bhavnagar 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 Bhavnagar is presented in the table alongside.

Use of Central Bank Of India MICR code for Bhavnagar branch in bhavnagar

The MICR code 364016001 is used in RBI cheque clearing process to identify the branch Bhavnagar 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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