Chhattisgarh Rajya Gramin Bank Bastar Raikot Chhattisgarh MICR CODE

Find MICR Codes for Chhattisgarh Rajya Gramin Bank Bastar Raikot 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 Raikot
Contact 0-6232032423
Bank Details Chhattisgarh Rajya Gramin Bank Raikot CRGB0001123
Location Bastar, Raikot
City Bastar
District Raikot
State Chhattisgarh
Pincode 494442
Country IN
Address Main road raikot 494442
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.

Search Chhattisgarh Rajya Gramin Bank MICR Codes in raikot

You can search through MICR Codes of Chhattisgarh branches in bastar of District raikot in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Raikot

How to find MICR codes for Chhattisgarh Rajya Gramin Bank in bastar?

Chhattisgarh Rajya Gramin Bank bastar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From CRGB MICR codes list for bastar, one can further search by branch name specified in the table. You can find MICR codes for all Chhattisgarh Rajya Gramin Bank bastar branches.

CRGB MICR code in bastar

Chhattisgarh Rajya Gramin Bank MICR code is a character recognition technology used by banks in the processing of cheques. CRGB MICR code for bastar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Chhattisgarh Rajya Gramin Bank branches in bastar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Chhattisgarh Rajya Gramin Bank MICR code for bastar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Chhattisgarh Rajya Gramin Bank bastar branch, sprinted 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. Thus MICR code for CRGB bastar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Chhattisgarh Rajya Gramin Bank MICR codes for bastar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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