Central Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Central Bank Ranchi Ranchi Jharkhand

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MICR Code	834016003
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	Lalpur Ranchi
Contact
Bank Details	Central Bank Of India Lalpur Ranchi CBIN0281223

Location	Ranchi, Ranchi
City	Ranchi
District	Ranchi
State	Jharkhand
Pincode	834001
Country	IN
Address	Lalpur

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 834016003 for Lalpur Ranchi 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 834016003 of Central Bank Of India, Lalpur Ranchi branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Lalpur Ranchi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Central Bank Of India are available with micr code -

>>Birsa Chowk Ranchi >>Ccpc Ranchi >>Harmu Housing Colony >>Lalpur Ranchi >>Piskamorh Ranchi >>Ranchi >>Ranchi College Campus Ranchi >>Ranchi Regional Office >>Sukhdeonagar Ranchi >>Upper Bazar Ranchi

MICR code for Central Bank Lalpur Ranchi

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 Lalpur Ranchi 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. 834016003 is the MICR code of Central Bank India for Lalpur Ranchi branch. MICR code for Lalpur Ranchi 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 Lalpur Ranchi is presented in the table alongside.

Use of Central Bank Of India MICR code for Lalpur Ranchi branch in ranchi

The MICR code 834016003 is used in RBI cheque clearing process to identify the branch Lalpur Ranchi 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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