Central Bank Motihari Purbi Champaran Bihar MICR CODE

Find MICR Codes for Central Bank Motihari Purbi Champaran Bihar

MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basatpur
Contact 6252 - 227635
Bank Details Central Bank Of India Basatpur CBIN0282367
Location Motihari, Purbi Champaran
City Motihari
District Purbi Champaran
State Bihar
Pincode 845401
Country IN
Address Chhatauni chowk, motihari,dist-east champaran,bihar-845401
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 Basatpur 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 Central Bank Of India, Basatpur branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Basatpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Central Bank Of India are available with micr code -

>>Bariyarpur >>Basatpur >>Gorhwa >>M.S.College Motihari >>Motihari Regional Office

MICR code for Central Bank Basatpur

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

Use of Central Bank Of India MICR code for Basatpur branch in motihari

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

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