Central Bank Marriguda Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for Central Bank Marriguda Nalgonda Andhra Pradesh

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Marriguda
Contact 08692-276621
Bank Details Central Bank Of India Marriguda CBIN0281261
Location Marriguda, Nalgonda
City Marriguda
District Nalgonda
State Andhra Pradesh
Pincode 508245
Country IN
Address At & post mariguda, dist-nalgonda, a.p-508245, dist-nalgonda, andhra pradesh-508245
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 Marriguda 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, Marriguda branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Marriguda 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 -

>>Marriguda

MICR code for Central Bank Marriguda

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

Use of Central Bank Of India MICR code for Marriguda branch in marriguda

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