Central Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Central Bank Thane Thane Maharashtra

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MICR Code	400016041
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	Modellagram Thane
Contact
Bank Details	Central Bank Of India Modellagram Thane CBIN0280636

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400601
Country	IN
Address	Opp. Wagle industrial estate, l.b. Shastri road, modellagram, thane

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 400016041 for Modellagram Thane 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 400016041 of Central Bank Of India, Modellagram Thane branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Modellagram Thane branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Central Bank Of India are available with micr code -

>>Asangaon >>Badlapur >>Ccpc Sanpada >>Ccpc Thane >>Kalher >>Kopparkhairne >>Mid Corporate Finance Branch Thane >>Modellagram Thane >>Mumbra >>Murbad >>Nerul Seawood >>Padgha >>Thane >>Thane (East) >>Thane Regional Office >>Vasant Vihar Thane

MICR code for Central Bank Modellagram Thane

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 Modellagram Thane 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. 400016041 is the MICR code of Central Bank India for Modellagram Thane branch. MICR code for Modellagram Thane 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 Modellagram Thane is presented in the table alongside.

Use of Central Bank Of India MICR code for Modellagram Thane branch in thane

The MICR code 400016041 is used in RBI cheque clearing process to identify the branch Modellagram Thane 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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