Chhattisgarh Rajya Gramin Bank Bastar Nagarnar Chhattisgarh MICR CODE

Find MICR Codes for Chhattisgarh Rajya Gramin Bank Bastar Nagarnar 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 Nagarnar
Contact 0-6232032418
Bank Details Chhattisgarh Rajya Gramin Bank Nagarnar CRGB0001118
Location Bastar, Nagarnar
City Bastar
District Nagarnar
State Chhattisgarh
Pincode 494001
Country IN
Address Main road nagarnar 494001
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 Nagarnar 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, Nagarnar branch makes the system almost error free and faster. Use of CRGB MICR codes for Nagarnar 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 -

>>Nagarnar

MICR code for Chhattisgarh Rajya Gramin Bank Nagarnar

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

Use of CRGB MICR code for Nagarnar branch in bastar

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