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Central Bank Jamshedpur Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for Central Bank Jamshedpur Purbi Singhbhum Jharkhand

MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jamshedpur Br.
Contact
Bank Details Central Bank Of India Jamshedpur Br. CBIN0280088
Location Jamshedpur, Purbi Singhbhum
City Jamshedpur
District Purbi Singhbhum
State Jharkhand
Pincode 831012
Country IN
Address Bistupur jamshedpur
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 831016002 for Jamshedpur Br. 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 831016002 of Central Bank Of India, Jamshedpur Br. branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Jamshedpur Br. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Central Bank Jamshedpur Br.

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 Jamshedpur Br. 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. 831016002 is the MICR code of Central Bank India for Jamshedpur Br. branch. MICR code for Jamshedpur Br. 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 Jamshedpur Br. is presented in the table alongside.

Use of Central Bank Of India MICR code for Jamshedpur Br. branch in jamshedpur

The MICR code 831016002 is used in RBI cheque clearing process to identify the branch Jamshedpur Br. 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.