Chhattisgarh Rajya Gramin Bank Koriya Nagpur Chhattisgarh MICR CODE

Find MICR Codes for Chhattisgarh Rajya Gramin Bank Koriya Nagpur 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 Nagpur
Contact 0-6232032741
Bank Details Chhattisgarh Rajya Gramin Bank Nagpur CRGB0006081
Location Koriya, Nagpur
City Koriya
District Nagpur
State Chhattisgarh
Pincode 497442
Country IN
Address Main road nagpur tehshil .manendragarh dist. Korea-c.g pin 497442
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 Nagpur 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, Nagpur branch makes the system almost error free and faster. Use of CRGB MICR codes for Nagpur 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 -

>>Nagpur

MICR code for Chhattisgarh Rajya Gramin Bank Nagpur

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

Use of CRGB MICR code for Nagpur branch in koriya

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