West Bengal State Co Op Bank Bajkul Purba Medinipur West Bengal MICR CODE

Find MICR Codes for West Bengal State Co Op Bank Bajkul Purba Medinipur West Bengal

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MICR Code
Bank West Bengal State Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mgcb Bajkul
Contact 03220-274257
Bank Details West Bengal State Co-Op Bank Ltd Mgcb Bajkul WBSC0MGCB05
Location Bajkul, Purba Medinipur
City Bajkul
District Purba Medinipur
State West Bengal
Pincode 721655
Country IN
Address Vill-bajkul, p.o - kismat bajkul, p.s. - bhupatinagar, dist-purba medinipur-721655
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 Mgcb Bajkul 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 West Bengal State Cooperative Bank, Mgcb Bajkul branch makes the system almost error free and faster. Use of West Bengal State Cooperative Bank MICR codes for Mgcb Bajkul branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of West Bengal State Co-Op Bank Ltd are available with micr code -

>>Mgcb Bajkul

MICR code for West Bengal State Co Op Bank Mgcb Bajkul

West Bengal State Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. West Bengal State Cooperative Bank MICR code for Mgcb Bajkul 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 WBSCB Bank for Mgcb Bajkul branch. MICR code for Mgcb Bajkul 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 West Bengal State Cooperative Bank Mgcb Bajkul is presented in the table alongside.

Use of West Bengal State Cooperative Bank MICR code for Mgcb Bajkul branch in bajkul

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mgcb Bajkul and West Bengal State Cooperative 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 WBSCB Bank is typically in either of these two font’s: E-138 and CMC-7.

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