Central Bank Nalgonda Bhongir Telangana MICR CODE

Find MICR Codes for Central Bank Nalgonda Bhongir Telangana

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhongir
Contact 22637966
Bank Details Central Bank Of India Bhongir CBIN0284811
Location Nalgonda, Bhongir
City Nalgonda
District Bhongir
State Telangana
Pincode 508116
Country IN
Address Near new bus stand, hyderabad-warangal road, city-bhongir, dist-nalgonda, telangana-508116
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 Bhongir 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, Bhongir branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Bhongir 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 -

>>Bhongir

MICR code for Central Bank Bhongir

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

Use of Central Bank Of India MICR code for Bhongir branch in nalgonda

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