Central Bank Ranipool East Sikkim Sikkim MICR CODE

Find MICR Codes for Central Bank Ranipool East Sikkim Sikkim

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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	Ranipool
Contact	-
Bank Details	Central Bank Of India Ranipool CBIN0283805

Location	Ranipool, East Sikkim
City	Ranipool
District	East Sikkim
State	Sikkim
Pincode	737135
Country	IN
Address	Ranipool bazar, near ranipool p.s. , national highway 31 a, ranipool-737135

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

>>Ranipool

MICR code for Central Bank Ranipool

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

Use of Central Bank Of India MICR code for Ranipool branch in ranipool

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