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 Miller Road
Contact
Bank Details Central Bank Of India Miller Road CBIN0282314
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560052
Country IN
Address 71,sona towers, miller road, bangalore - 560 052
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 560016003 for Miller Road 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 560016003 of Central Bank Of India, Miller Road branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Miller Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Central Bank Miller Road

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 Miller Road 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. 560016003 is the MICR code of Central Bank India for Miller Road branch. MICR code for Miller Road 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 Miller Road is presented in the table alongside.

Use of Central Bank Of India MICR code for Miller Road branch in bangalore

The MICR code 560016003 is used in RBI cheque clearing process to identify the branch Miller Road 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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