Central Bank Peenya Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Central Bank Peenya Bangalore Urban Karnataka

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Peenya Industrial Area Bangalore
Contact
Bank Details Central Bank Of India Peenya Industrial Area Bangalore CBIN0281304
Location Peenya, Bangalore Urban
City Peenya
District Bangalore Urban
State Karnataka
Pincode 560058
Country IN
Address Plot no. 10-b, phase 1, tumkur road, bangalore
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 560016014 for Peenya Industrial Area Bangalore 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 560016014 of Central Bank Of India, Peenya Industrial Area Bangalore branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Peenya Industrial Area Bangalore 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 -

>>Peenya Industrial Area Bangalore

MICR code for Central Bank Peenya Industrial Area Bangalore

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 Peenya Industrial Area Bangalore 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. 560016014 is the MICR code of Central Bank India for Peenya Industrial Area Bangalore branch. MICR code for Peenya Industrial Area Bangalore 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 Peenya Industrial Area Bangalore is presented in the table alongside.

Use of Central Bank Of India MICR code for Peenya Industrial Area Bangalore branch in peenya

The MICR code 560016014 is used in RBI cheque clearing process to identify the branch Peenya Industrial Area Bangalore 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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