Central Bank Yadagirigutta Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for Central Bank Yadagirigutta Nalgonda Andhra Pradesh

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MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Yadagirigutta
Contact 8685-236621
Bank Details Central Bank Of India Yadagirigutta CBIN0280845
Location Yadagirigutta, Nalgonda
City Yadagirigutta
District Nalgonda
State Andhra Pradesh
Pincode 508115
Country IN
Address Gandhi nagar,yadagirigutta, nalgonda dist. Andhra pradesh -508115
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 Yadagirigutta 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, Yadagirigutta branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Yadagirigutta 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 -

>>Yadagirigutta

MICR code for Central Bank Yadagirigutta

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

Use of Central Bank Of India MICR code for Yadagirigutta branch in yadagirigutta

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