Central Bank Agra Agra Uttar Pradesh MICR CODE

Find MICR Codes for Central Bank Agra Agra Uttar 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 Favara Agra
Contact
Bank Details Central Bank Of India Favara Agra CBIN0280235
Location Agra, Agra
City Agra
District Agra
State Uttar Pradesh
Pincode 282001
Country IN
Address Hospital road, favara, agra
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 282016004 for Favara Agra 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 282016004 of Central Bank Of India, Favara Agra branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Favara Agra branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Central Bank Favara Agra

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 Favara Agra 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. 282016004 is the MICR code of Central Bank India for Favara Agra branch. MICR code for Favara Agra 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 Favara Agra is presented in the table alongside.

Use of Central Bank Of India MICR code for Favara Agra branch in agra

The MICR code 282016004 is used in RBI cheque clearing process to identify the branch Favara Agra 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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