Central Bank Solapur Solapur Maharashtra MICR CODE

Find MICR Codes for Central Bank Solapur Solapur Maharashtra

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bijapur Road Sholapur
Contact 0217-2342822 / 1155
Bank Details Central Bank Of India Bijapur Road Sholapur CBIN0282702
Location Solapur, Solapur
City Solapur
District Solapur
State Maharashtra
Pincode 413004
Country IN
Address Block no1,shrikant nagar chs,bharti vidya pith, bijapur road, sholapur, dist- sholapur, maharashtra-413004
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 413016004 for Bijapur Road Sholapur 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 413016004 of Central Bank Of India, Bijapur Road Sholapur branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Bijapur Road Sholapur 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 -

>>Bijapur Road Sholapur >>Solapur Regional Office

MICR code for Central Bank Bijapur Road Sholapur

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 Bijapur Road Sholapur 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. 413016004 is the MICR code of Central Bank India for Bijapur Road Sholapur branch. MICR code for Bijapur Road Sholapur 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 Bijapur Road Sholapur is presented in the table alongside.

Use of Central Bank Of India MICR code for Bijapur Road Sholapur branch in solapur

The MICR code 413016004 is used in RBI cheque clearing process to identify the branch Bijapur Road Sholapur 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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