Chhattisgarh Rajya Gramin Bank Surajpur Banshipur Chhattisgarh MICR CODE

Find MICR Codes for Chhattisgarh Rajya Gramin Bank Surajpur Banshipur Chhattisgarh

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MICR Code
Bank Chhattisgarh Rajya Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banshipur
Contact 0-6232032710
Bank Details Chhattisgarh Rajya Gramin Bank Banshipur CRGB0006020
Location Surajpur, Banshipur
City Surajpur
District Banshipur
State Chhattisgarh
Pincode 497235
Country IN
Address S.k.g.b banshipur-jarhi vikas khand pratappur dist. Surajpur -c.g pin 497235
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 Banshipur 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 CRGB, Banshipur branch makes the system almost error free and faster. Use of CRGB MICR codes for Banshipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Chhattisgarh Rajya Gramin Bank are available with micr code -

>>Banshipur

MICR code for Chhattisgarh Rajya Gramin Bank Banshipur

Chhattisgarh Rajya Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. CRGB MICR code for Banshipur 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 Chhattisgarh Rajya Gramin Bank for Banshipur branch. MICR code for Banshipur 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 CRGB Banshipur is presented in the table alongside.

Use of CRGB MICR code for Banshipur branch in surajpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Banshipur and CRGB 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 Chhattisgarh Rajya Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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