Central Bank Mopa North Goa Goa MICR CODE

Find MICR Codes for Central Bank Mopa North Goa Goa

MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mopa
Contact 0832-2204581
Bank Details Central Bank Of India Mopa CBIN0282644
Location Mopa, North Goa
City Mopa
District North Goa
State Goa
Pincode 403512
Country IN
Address Grampanchayat ghar, p.o. Torsem, taluka - pernem dist-north goa, goa-403512
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 403016009 for Mopa 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 403016009 of Central Bank Of India, Mopa branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Mopa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Central Bank Of India are available with micr code -

>>Mopa

MICR code for Central Bank Mopa

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 Mopa 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. 403016009 is the MICR code of Central Bank India for Mopa branch. MICR code for Mopa 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 Mopa is presented in the table alongside.

Use of Central Bank Of India MICR code for Mopa branch in mopa

The MICR code 403016009 is used in RBI cheque clearing process to identify the branch Mopa 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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