Chhattisgarh Rajya Gramin Bank Baloda Bazar Lawan Chhattisgarh MICR CODE

Find MICR Codes for Chhattisgarh Rajya Gramin Bank Baloda Bazar Lawan Chhattisgarh

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MICR Code	-NA-
Bank	Chhattisgarh Rajya Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lawan
Contact	0-6232032016
Bank Details	Chhattisgarh Rajya Gramin Bank Lawan CRGB0000122

Location	Baloda Bazar, Lawan
City	Baloda Bazar
District	Lawan
State	Chhattisgarh
Pincode	493526
Country	IN
Address	At & post lawan teh-balodabazar 493526

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 Lawan 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, Lawan branch makes the system almost error free and faster. Use of CRGB MICR codes for Lawan 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 -

>>Lawan

MICR code for Chhattisgarh Rajya Gramin Bank Lawan

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

Use of CRGB MICR code for Lawan branch in baloda bazar

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