MICR Code Bank
Find MICR code for Central Bank branches in India for NEFT and RTGS transfer

Central Bank MICR CODE

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  1. Central Bank Of India »
  2. West Bengal »
  3. kolkata »
  4. kolkata »
  5. park circus kolkata

Find MICR Codes for Central Bank

MICR Code: 700016032
Bank: Central Bank Of India
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Park Circus Kolkata
Contact:
Bank Details: Central Bank Of India Park Circus Kolkata CBIN0281041
Location: Kolkata, Kolkata
City: Kolkata
District: Kolkata
State: West Bengal
Pincode: 700016
Country: IN
Address: 207-b, park street, kolkata

How does MICR code for 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 of Central Bank Of India, branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 67 branches of Central Bank Of India are available with micr code

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MICR code for Central Bank

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

Use of Central Bank Of India MICR code for branch in kolkata

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