Rajnandgaon District Central Co-Operative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajnandgaon District Central Bank MICR code for Mohala 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. 491853505 is the MICR code of Rajnandgaon District Central Co-Operative Bank Ltd for Mohala branch. MICR code for Mohala 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 Rajnandgaon District Central Bank Mohala is presented in the table alongside.
The MICR code 491853505 is used in RBI cheque clearing process to identify the branch Mohala and Rajnandgaon District Central 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 Rajnandgaon District Central Co-Operative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.