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Central Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Central Bank Cuttack Cuttack Orissa

MICR Code
Bank Central Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naya Chowk Cuttack
Contact 671 - 2367143
Bank Details Central Bank Of India Naya Chowk Cuttack CBIN0282412
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753012
Country IN
Address Plot no. 3098/3099, link road, naya chowk area, cuttack, dist-cuttack, orissa-753012
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 751016104 for Naya Chowk Cuttack 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 751016104 of Central Bank Of India, Naya Chowk Cuttack branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Naya Chowk Cuttack branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Central Bank Of India are available with micr code -

>>Bhadreshwar >>Cda Cuttack >>College Square Cuttack >>Naya Chowk Cuttack >>O M P Square >>Orissa State Financial Corpn. Cuttack

MICR code for Central Bank Naya Chowk Cuttack

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 Naya Chowk Cuttack 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. 751016104 is the MICR code of Central Bank India for Naya Chowk Cuttack branch. MICR code for Naya Chowk Cuttack 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 Naya Chowk Cuttack is presented in the table alongside.

Use of Central Bank Of India MICR code for Naya Chowk Cuttack branch in cuttack

The MICR code 751016104 is used in RBI cheque clearing process to identify the branch Naya Chowk Cuttack 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.