Central Bank Gosainganj Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for Central Bank Gosainganj Faizabad 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 Gosaiganj
Contact 05278-250059
Bank Details Central Bank Of India Gosaiganj CBIN0281813
Location Gosainganj, Faizabad
City Gosainganj
District Faizabad
State Uttar Pradesh
Pincode 224141
Country IN
Address Faizabad bahraich road, at & p.o. Gosaiganj,dist-faizabad,uttar pradesh-224141
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 Gosaiganj 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, Gosaiganj branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Gosaiganj 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 -

>>Gosaiganj

MICR code for Central Bank Gosaiganj

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

Use of Central Bank Of India MICR code for Gosaiganj branch in gosainganj

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