Central Bank Hyderabad Ranga Reddy Andhra Pradesh MICR CODE

Find MICR Codes for Central Bank Hyderabad Ranga Reddy Andhra Pradesh

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MICR Code	500016028
Bank	Central Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gaddiannaram
Contact
Bank Details	Central Bank Of India Gaddiannaram CBIN0283326

Location	Hyderabad, Ranga Reddy
City	Hyderabad
District	Ranga Reddy
State	Andhra Pradesh
Pincode	500060
Country	IN
Address	4-68 ground floor, m.n.reddy complex, vikas nagar, dilsukhnagar, hyderabad

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 500016028 for Gaddiannaram 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 500016028 of Central Bank Of India, Gaddiannaram branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Gaddiannaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Central Bank Of India are available with micr code -

>>Gaddiannaram >>Kukatpally >>Warner Hindustan Ltd

MICR code for Central Bank Gaddiannaram

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 Gaddiannaram 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. 500016028 is the MICR code of Central Bank India for Gaddiannaram branch. MICR code for Gaddiannaram 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 Gaddiannaram is presented in the table alongside.

Use of Central Bank Of India MICR code for Gaddiannaram branch in hyderabad

The MICR code 500016028 is used in RBI cheque clearing process to identify the branch Gaddiannaram 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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