Rajasthan Marudhara Gramin Bank Malar Jodhpur Rajasthan MICR CODE

Find MICR Codes for Rajasthan Marudhara Gramin Bank Malar Jodhpur Rajasthan

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MICR Code
Bank Rajasthan Marudhara Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malar
Contact
Bank Details Rajasthan Marudhara Gramin Bank Malar RMGB0000312
Location Malar, Jodhpur
City Malar
District Jodhpur
State Rajasthan
Pincode
Country IN
Address V-p-malar, via phalodi
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 Malar 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 RMGB, Malar branch makes the system almost error free and faster. Use of RMGB MICR codes for Malar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Rajasthan Marudhara Gramin Bank are available with micr code -

>>Malar

MICR code for Rajasthan Marudhara Gramin Bank Malar

Rajasthan Marudhara Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. RMGB MICR code for Malar 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 Rajasthan Marudhara Gramin Bank for Malar branch. MICR code for Malar 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 RMGB Malar is presented in the table alongside.

Use of RMGB MICR code for Malar branch in malar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Malar and RMGB 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 Rajasthan Marudhara Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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