Central Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Central Bank Mysore Mysore Karnataka

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MICR Code	570016002
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	Mysore
Contact
Bank Details	Central Bank Of India Mysore CBIN0280858

Location	Mysore, Mysore
City	Mysore
District	Mysore
State	Karnataka
Pincode	570024
Country	IN
Address	3-4, vishveswariah bhavan, 1st floor, krishna rajendra circle, mysore

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 570016002 for Mysore 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 570016002 of Central Bank Of India, Mysore branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Mysore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Central Bank Of India are available with micr code -

>>Central Seciruclture Research Institute Mysore >>Csr And Tlm Mysore >>Dattagalli >>Mysore

MICR code for Central Bank Mysore

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 Mysore 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. 570016002 is the MICR code of Central Bank India for Mysore branch. MICR code for Mysore 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 Mysore is presented in the table alongside.

Use of Central Bank Of India MICR code for Mysore branch in mysore

The MICR code 570016002 is used in RBI cheque clearing process to identify the branch Mysore 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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