Central Bank Sas Nagar(Mohali) Rupnagar Punjab MICR CODE

Find MICR Codes for Central Bank Sas Nagar(Mohali) Rupnagar Punjab

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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	Mauli Baidwan
Contact
Bank Details	Central Bank Of India Mauli Baidwan CBIN0284299

Location	Sas Nagar(Mohali), Rupnagar
City	Sas Nagar(Mohali)
District	Rupnagar
State	Punjab
Pincode	140308
Country	IN
Address	Cbi, mauli baidwan branch, gurlal- ranbir bhawan, opp gurudwara smadhan, raipur road, mauli baidwan, dist:mohali, punjab-140308 std code:0160 contact no.09988820818

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

A total of 2 branches of Central Bank Of India are available with micr code -

>>Mauli Baidwan >>Mohali Sas Nagar

MICR code for Central Bank Mauli Baidwan

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 Mauli Baidwan 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 Mauli Baidwan branch. MICR code for Mauli Baidwan 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 Mauli Baidwan is presented in the table alongside.

Use of Central Bank Of India MICR code for Mauli Baidwan branch in sas nagar(mohali)

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