Central Bank Kanpur Kanpur Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Central Bank Kanpur Kanpur Nagar Uttar Pradesh

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panki Kanpur
Contact
Bank Details Central Bank Of India Panki Kanpur CBIN0280983
Location Kanpur, Kanpur Nagar
City Kanpur
District Kanpur Nagar
State Uttar Pradesh
Pincode 208020
Country IN
Address Panki power house colony, p.o. Panki power house, kanpur
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 208016020 for Panki Kanpur 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 208016020 of Central Bank Of India, Panki Kanpur branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Panki Kanpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Central Bank Panki Kanpur

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 Panki Kanpur 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. 208016020 is the MICR code of Central Bank India for Panki Kanpur branch. MICR code for Panki Kanpur 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 Panki Kanpur is presented in the table alongside.

Use of Central Bank Of India MICR code for Panki Kanpur branch in kanpur

The MICR code 208016020 is used in RBI cheque clearing process to identify the branch Panki Kanpur 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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