Central Bank Patratu Hazaribag Jharkhand MICR CODE

Find MICR Codes for Central Bank Patratu Hazaribag Jharkhand

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MICR Code	-NA-
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	Patratu
Contact	022-22612008
Bank Details	Central Bank Of India Patratu CBIN0284884

Location	Patratu, Hazaribag
City	Patratu
District	Hazaribag
State	Jharkhand
Pincode	829118
Country	IN
Address	Station road city- patratu,ramgarh pin code- 829118

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

>>Patratu

MICR code for Central Bank Patratu

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

Use of Central Bank Of India MICR code for Patratu branch in patratu

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