Central Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Central Bank Chandigarh Chandigarh Chandigarh

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MICR Code	160016003
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	Sector 15 C Chandigarh
Contact
Bank Details	Central Bank Of India Sector 15 C Chandigarh CBIN0280413

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode	160015
Country	IN
Address	S.c.o. 23, sector 15-c, chandigarh

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 160016003 for Sector 15 C Chandigarh 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 160016003 of Central Bank Of India, Sector 15 C Chandigarh branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Sector 15 C Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Central Bank Of India are available with micr code -

>>Ccpc Chandigarh >>Chandigarh >>Chandigarh Sector 35C (Defence Colony) >>Chandigarh Zonal Office >>Industrial Area >>S.D.College Sector 32D Chandigarh >>Samchandigarh >>Sector 15 C Chandigarh >>Sector 17 B Chandigarh >>Sector 18 Chandigarh >>Sector 22C Chandigarh >>Sector 37 C Chandigarh >>Sector Forty Four Chandigarh

MICR code for Central Bank Sector 15 C Chandigarh

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 Sector 15 C Chandigarh 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. 160016003 is the MICR code of Central Bank India for Sector 15 C Chandigarh branch. MICR code for Sector 15 C Chandigarh 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 Sector 15 C Chandigarh is presented in the table alongside.

Use of Central Bank Of India MICR code for Sector 15 C Chandigarh branch in chandigarh

The MICR code 160016003 is used in RBI cheque clearing process to identify the branch Sector 15 C Chandigarh 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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