Central Bank Lonavala Pune Maharashtra MICR CODE

Find MICR Codes for Central Bank Lonavala Pune Maharashtra

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MICR Code	-NA-
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	Khandala
Contact	02114-273016
Bank Details	Central Bank Of India Khandala CBIN0281701

Location	Lonavala, Pune
City	Lonavala
District	Pune
State	Maharashtra
Pincode	411301
Country	IN
Address	Guru nanak niwas, plot no3 g-ward near vasant dada patil complex, lokmanaya tilak road , lonavala, pune, dist-pune, m'rashtra-411301.

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

>>Khandala

MICR code for Central Bank Khandala

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

Use of Central Bank Of India MICR code for Khandala branch in lonavala

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