Central Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Central Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malleswaram Bangalore
Contact
Bank Details Central Bank Of India Malleswaram Bangalore CBIN0280851
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560003
Country IN
Address Jayam shopping complex, 100/107, sampige road, malleswaram, bangalore
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 560016012 for Malleswaram Bangalore 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 560016012 of Central Bank Of India, Malleswaram Bangalore branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Malleswaram Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Central Bank Malleswaram Bangalore

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 Malleswaram Bangalore 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. 560016012 is the MICR code of Central Bank India for Malleswaram Bangalore branch. MICR code for Malleswaram Bangalore 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 Malleswaram Bangalore is presented in the table alongside.

Use of Central Bank Of India MICR code for Malleswaram Bangalore branch in bangalore

The MICR code 560016012 is used in RBI cheque clearing process to identify the branch Malleswaram Bangalore 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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