RBI Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for RBI Bhopal Bhopal Madhya Pradesh

↻ Reload
MICR Code
Bank Reserve Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhopal Regional Office
Contact 755-2519154
Bank Details Reserve Bank Of India Bhopal Regional Office RBIS0GOMPEP
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462011
Country IN
Address Hoshangabad road,p.b.no 32, bhopal-462011
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 Bhopal Regional Office 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 Reserve Bank Of India, Bhopal Regional Office branch makes the system almost error free and faster. Use of Reserve Bank Of India MICR codes for Bhopal Regional Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Reserve Bank Of India are available with micr code -

>>Bhopal >>Bhopal Regional Office

MICR code for RBI Bhopal Regional Office

RBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Reserve Bank Of India MICR code for Bhopal Regional Office 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 RBI Bank for Bhopal Regional Office branch. MICR code for Bhopal Regional Office 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 Reserve Bank Of India Bhopal Regional Office is presented in the table alongside.

Use of Reserve Bank Of India MICR code for Bhopal Regional Office branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhopal Regional Office and Reserve Bank Of India 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 RBI Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!