Central Bank Paithambadi Cuddalore Tamil Nadu MICR CODE

Find MICR Codes for Central Bank Paithambadi Cuddalore Tamil Nadu

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Paithambadi
Contact 04142-247220
Bank Details Central Bank Of India Paithambadi CBIN0282861
Location Paithambadi, Cuddalore
City Paithambadi
District Cuddalore
State Tamil Nadu
Pincode 607101
Country IN
Address 133, murugan kovil street, paithambadi chathiram, p.o. Paithambadi, dist-cuddalore, tamilnadu-607101
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 Paithambadi 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, Paithambadi branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Paithambadi branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Paithambadi

MICR code for Central Bank Paithambadi

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 Paithambadi 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 Paithambadi branch. MICR code for Paithambadi 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 Paithambadi is presented in the table alongside.

Use of Central Bank Of India MICR code for Paithambadi branch in paithambadi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Paithambadi 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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