Central Bank Newasa Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for Central Bank Newasa Ahmadnagar Maharashtra

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Newasa
Contact 2427-241240
Bank Details Central Bank Of India Newasa CBIN0280676
Location Newasa, Ahmadnagar
City Newasa
District Ahmadnagar
State Maharashtra
Pincode 414603
Country IN
Address Gandhi bhavan, tal-newasa pb no., dist-ahmednagar, m'rashtra-414603
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 ahmadnagar

You can search through MICR Codes of Maharashtra branches in newasa of District ahmadnagar in Maharashtra 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 -

>>Newasa

How to find MICR codes for Central Bank in newasa?

Central Bank newasa 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 newasa, one can further search by branch name specified in the table. You can find MICR codes for all Central Bank newasa branches.

Central Bank Of India MICR code in newasa

Central Bank MICR code is a character recognition technology used by banks in the processing of cheques. Central Bank Of India MICR code for newasa 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 newasa, 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 newasa 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 newasa 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 newasa branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Central Bank India MICR codes for newasa 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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