Fino Payment Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Fino Payment Bank Bhopal Bhopal Madhya Pradesh

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MICR Code
Bank Fino Payment Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Trilanga S O
Contact 0
Bank Details Fino Payment Bank Trilanga S O FINO0001552
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462039
Country IN
Address Fino payments bank ltd second floor, plot no 143, mahakali society, trilanga, bhopal distt bhopal m p 462039
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 Trilanga S O 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 Fino Bank, Trilanga S O branch makes the system almost error free and faster. Use of Fino Bank MICR codes for Trilanga S O branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Fino Payment Bank are available with micr code -

>>Mp Ro >>Trilanga S O

MICR code for Fino Payment Bank Trilanga S O

Fino Payment Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Fino Bank MICR code for Trilanga S O 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 Fino for Trilanga S O branch. MICR code for Trilanga S O 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 Fino Bank Trilanga S O is presented in the table alongside.

Use of Fino Bank MICR code for Trilanga S O branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Trilanga S O and Fino Bank 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 Fino is typically in either of these two font’s: E-138 and CMC-7.

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