Central Bank Govardhan Nasik Maharashtra MICR CODE

Find MICR Codes for Central Bank Govardhan Nasik Maharashtra

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MICR Code	422016005
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	Yashwantrao Chavan Maharashtra Open University Nasik
Contact	0253-2230116
Bank Details	Central Bank Of India Yashwantrao Chavan Maharashtra Open University Nasik CBIN0013104

Location	Govardhan, Nasik
City	Govardhan
District	Nasik
State	Maharashtra
Pincode	422222
Country	IN
Address	Ycmou extension counter, dnyangangotri, goverdhan, nasik

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.

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Yashwantrao Chavan Maharashtra Open University Nasik (422016005)

How does MICR code 422016005 for Yashwantrao Chavan Maharashtra Open University Nasik 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 422016005 of Central Bank Of India, Yashwantrao Chavan Maharashtra Open University Nasik branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Yashwantrao Chavan Maharashtra Open University Nasik 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 -

>>Jalalpur >>Yashwantrao Chavan Maharashtra Open University Nasik

MICR code for Central Bank Yashwantrao Chavan Maharashtra Open University Nasik

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 Yashwantrao Chavan Maharashtra Open University Nasik 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. 422016005 is the MICR code of Central Bank India for Yashwantrao Chavan Maharashtra Open University Nasik branch. MICR code for Yashwantrao Chavan Maharashtra Open University Nasik 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 Yashwantrao Chavan Maharashtra Open University Nasik is presented in the table alongside.

Use of Central Bank Of India MICR code for Yashwantrao Chavan Maharashtra Open University Nasik branch in govardhan

The MICR code 422016005 is used in RBI cheque clearing process to identify the branch Yashwantrao Chavan Maharashtra Open University Nasik 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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