Chhattisgarh Rajya Gramin Bank Mungeli Lormi Chhattisgarh MICR CODE

Find MICR Codes for Chhattisgarh Rajya Gramin Bank Mungeli Lormi 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	Lormi
Contact	0-6232032532
Bank Details	Chhattisgarh Rajya Gramin Bank Lormi CRGB0000432

Location	Mungeli, Lormi
City	Mungeli
District	Lormi
State	Chhattisgarh
Pincode	495115
Country	IN
Address	Rani gaon lormi tehsil lormi district mungeli 495115

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

>>Lormi

MICR code for Chhattisgarh Rajya Gramin Bank Lormi

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

Use of CRGB MICR code for Lormi branch in mungeli

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