Central Bank Dolaria Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Central Bank Dolaria Hoshangabad Madhya Pradesh

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dolariya
Contact 07574-272426
Bank Details Central Bank Of India Dolariya CBIN0281052
Location Dolaria, Hoshangabad
City Dolaria
District Hoshangabad
State Madhya Pradesh
Pincode 461116
Country IN
Address At & post dolariya , dist- hoshangabad, madhya pradesh-461116
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 Dolariya 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, Dolariya branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Dolariya 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 -

>>Dolariya

MICR code for Central Bank Dolariya

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

Use of Central Bank Of India MICR code for Dolariya branch in dolaria

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