Central Bank Raurkela Sundargarh Orissa MICR CODE

Find MICR Codes for Central Bank Raurkela Sundargarh Orissa

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Steel Township Sector 6 Rourkela
Contact 661-2646547
Bank Details Central Bank Of India Steel Township Sector 6 Rourkela CBIN0282715
Location Raurkela, Sundargarh
City Raurkela
District Sundargarh
State Orissa
Pincode 796002
Country IN
Address Cheap canteen building, sector 6, rourkela, dist-sundergarh, orissa-796002
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 769016003 for Steel Township Sector 6 Rourkela 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 769016003 of Central Bank Of India, Steel Township Sector 6 Rourkela branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Steel Township Sector 6 Rourkela branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Central Bank Of India are available with micr code -

>>Steel Township Sector 6 Rourkela >>Vedyas Chhak Rourkela

MICR code for Central Bank Steel Township Sector 6 Rourkela

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 Steel Township Sector 6 Rourkela 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. 769016003 is the MICR code of Central Bank India for Steel Township Sector 6 Rourkela branch. MICR code for Steel Township Sector 6 Rourkela 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 Steel Township Sector 6 Rourkela is presented in the table alongside.

Use of Central Bank Of India MICR code for Steel Township Sector 6 Rourkela branch in raurkela

The MICR code 769016003 is used in RBI cheque clearing process to identify the branch Steel Township Sector 6 Rourkela 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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