Fedral Bank Chandiarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Fedral Bank Chandiarh Chandigarh Chandigarh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Federal Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandigarh Sector 22 C
Contact	Cgha@federalbank.Co.In
Bank Details	Federal Bank Ltd Chandigarh Sector 22 C FDRL0001856

Location	Chandiarh, Chandigarh
City	Chandiarh
District	Chandigarh
State	Chandigarh
Pincode	160022
Country	IN
Address	Sco 2471-72, sector 22 c, chandigarh chandigarh,

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 Chandigarh Sector 22 C 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 Federal Bank, Chandigarh Sector 22 C branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Chandigarh Sector 22 C branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Federal Bank Ltd are available with micr code -

>>Chandigarh Sector 22 C

MICR code for Fedral Bank Chandigarh Sector 22 C

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Chandigarh Sector 22 C 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 Fedral Bank for Chandigarh Sector 22 C branch. MICR code for Chandigarh Sector 22 C 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 Federal Bank Chandigarh Sector 22 C is presented in the table alongside.

Use of Federal Bank MICR code for Chandigarh Sector 22 C branch in chandiarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandigarh Sector 22 C and Federal Bank 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 Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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