Central Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Central Bank Madurai Madurai Tamil Nadu

↻ Reload
MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Non Business Office Madurai
Contact
Bank Details Central Bank Of India Non Business Office Madurai CBIN0283264
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625001
Country IN
Address 15, meenakshi koil street, ii floor, madurai 625001, tamil nadu
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 0 for Non Business Office Madurai 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 0 of Central Bank Of India, Non Business Office Madurai branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Non Business Office Madurai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Central Bank Non Business Office Madurai

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 Non Business Office Madurai 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. 0 is the MICR code of Central Bank India for Non Business Office Madurai branch. MICR code for Non Business Office Madurai 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 Non Business Office Madurai is presented in the table alongside.

Use of Central Bank Of India MICR code for Non Business Office Madurai branch in madurai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Non Business Office Madurai 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.

Copied!