Central Bank Mungaoli Ashok Nagar Madhya Pradesh MICR CODE

Find MICR Codes for Central Bank Mungaoli Ashok Nagar Madhya 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 Mungawali
Contact 022-22612008
Bank Details Central Bank Of India Mungawali CBIN0284509
Location Mungaoli, Ashok Nagar
City Mungaoli
District Ashok Nagar
State Madhya Pradesh
Pincode 473443
Country IN
Address C/o, modi prakash chandra bhanu kumar, opp to civil hospital, chanderi road
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.

Search Central Bank MICR Codes in ashok nagar

You can search through MICR Codes of Madhya Pradesh branches in mungaoli of District ashok nagar in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Central Bank Of India are available with micr code -

>>Mungawali

How to find MICR codes for Central Bank in mungaoli?

Central Bank mungaoli MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Central Bank Of India MICR codes list for mungaoli, one can further search by branch name specified in the table. You can find MICR codes for all Central Bank mungaoli branches.

Central Bank Of India MICR code in mungaoli

Central Bank MICR code is a character recognition technology used by banks in the processing of cheques. Central Bank Of India MICR code for mungaoli branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Central Bank India branches in mungaoli, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Central Bank India MICR code for mungaoli branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Central Bank mungaoli branch, sprinted 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. Thus MICR code for Central Bank Of India mungaoli branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Central Bank India MICR codes for mungaoli branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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