Chhattisgarh Rajya Gramin Bank Dhamtari Magarload Chhattisgarh MICR CODE

Find MICR Codes for Chhattisgarh Rajya Gramin Bank Dhamtari Magarload 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	Magarload
Contact	0-6232032317
Bank Details	Chhattisgarh Rajya Gramin Bank Magarload CRGB0000317

Location	Dhamtari, Magarload
City	Dhamtari
District	Magarload
State	Chhattisgarh
Pincode	493662
Country	IN
Address	Vill & post - magarlod block magarlod dist- dhamtari 493662

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

>>Magarload

MICR code for Chhattisgarh Rajya Gramin Bank Magarload

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

Use of CRGB MICR code for Magarload branch in dhamtari

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