Central Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Central Bank Indore Indore Madhya Pradesh

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MICR Code	452016001
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	Indore Nbo
Contact
Bank Details	Central Bank Of India Indore Nbo CBIN0282760

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452001
Country	IN
Address	6/3race course road indore

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 452016001 for Indore Nbo 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 452016001 of Central Bank Of India, Indore Nbo branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Indore Nbo branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of Central Bank Of India are available with micr code -

>>Airport Road Indore >>Ccpc Indore >>Cfb Siyaganj >>Chitawad Indore >>Choitram Indore >>Cloth Market Indore >>Indore Nbo >>Indore Premier Co Op. Bank Ltd. Indore >>Indore Regional Office >>Jankinagar Indore >>Khajrana >>Mid Corporate Finance Branch Indore >>Mill Area Indore >>Moti Tabela (B.C.) >>Rau >>Sanmati School Indore >>Sanyogitaganj Digamber Jain Panchayat Pathshala Samiti Navlakha Indore >>Sanyogitaganj Indore >>Scheme 78 Indore >>Scheme Indore >>Sudamanagar Indore >>T. Choitram Montesary High School Indore

MICR code for Central Bank Indore Nbo

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 Indore Nbo 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. 452016001 is the MICR code of Central Bank India for Indore Nbo branch. MICR code for Indore Nbo 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 Indore Nbo is presented in the table alongside.

Use of Central Bank Of India MICR code for Indore Nbo branch in indore

The MICR code 452016001 is used in RBI cheque clearing process to identify the branch Indore Nbo 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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