Central Bank Nagaon Nagaon Assam MICR CODE

Find MICR Codes for Central Bank Nagaon Nagaon Assam

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MICR Code	782016103
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	New Market Nagaon
Contact	03672-236304
Bank Details	Central Bank Of India New Market Nagaon CBIN0283211

Location	Nagaon, Nagaon
City	Nagaon
District	Nagaon
State	Assam
Pincode	782001
Country	IN
Address	New market nagaon a.t. Road, natun bazar, p.o. Nagaondist-nagaonassam-782001

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 782016103 for New Market Nagaon 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 782016103 of Central Bank Of India, New Market Nagaon branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for New Market Nagaon 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 -

>>Nagaon (Nowgong) >>New Market Nagaon

MICR code for Central Bank New Market Nagaon

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 New Market Nagaon 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. 782016103 is the MICR code of Central Bank India for New Market Nagaon branch. MICR code for New Market Nagaon 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 New Market Nagaon is presented in the table alongside.

Use of Central Bank Of India MICR code for New Market Nagaon branch in nagaon

The MICR code 782016103 is used in RBI cheque clearing process to identify the branch New Market Nagaon 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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