Central Bank Mangalore Mangalore Karnataka MICR CODE

Find MICR Codes for Central Bank Mangalore Mangalore 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 St. Aloysius College Mangalore
Contact 0824-2449733
Bank Details Central Bank Of India St. Aloysius College Mangalore CBIN0010873
Location Mangalore, Mangalore
City Mangalore
District Mangalore
State Karnataka
Pincode 575003
Country IN
Address St. Alloysius college, mangalore light house hill, mangalore-575003
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 575016002 for St. Aloysius College Mangalore 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 575016002 of Central Bank Of India, St. Aloysius College Mangalore branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for St. Aloysius College Mangalore 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 -

>>St. Aloysius College Mangalore

MICR code for Central Bank St. Aloysius College Mangalore

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 St. Aloysius College Mangalore 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. 575016002 is the MICR code of Central Bank India for St. Aloysius College Mangalore branch. MICR code for St. Aloysius College Mangalore 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 St. Aloysius College Mangalore is presented in the table alongside.

Use of Central Bank Of India MICR code for St. Aloysius College Mangalore branch in mangalore

The MICR code 575016002 is used in RBI cheque clearing process to identify the branch St. Aloysius College Mangalore 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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