Central Bank Kadugodi Bangalore Rural Karnataka MICR CODE

Find MICR Codes for Central Bank Kadugodi Bangalore Rural Karnataka

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MICR Code	560016021
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	Kadugodi
Contact	80-28452294
Bank Details	Central Bank Of India Kadugodi CBIN0280854

Location	Kadugodi, Bangalore Rural
City	Kadugodi
District	Bangalore Rural
State	Karnataka
Pincode	560067
Country	IN
Address	No.6, vijaya lakshmi colony, kumbena agrahara road, near white field rly. Stn., kadugodi,dist-bangalore rural,karnataka-560067

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 560016021 for Kadugodi 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 560016021 of Central Bank Of India, Kadugodi branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Kadugodi 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 -

>>Kadugodi

MICR code for Central Bank Kadugodi

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 Kadugodi 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. 560016021 is the MICR code of Central Bank India for Kadugodi branch. MICR code for Kadugodi 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 Kadugodi is presented in the table alongside.

Use of Central Bank Of India MICR code for Kadugodi branch in kadugodi

The MICR code 560016021 is used in RBI cheque clearing process to identify the branch Kadugodi 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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