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RBI Navi Mumbai Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for RBI Navi Mumbai Navi Mumbai Maharashtra

MICR Code
Bank Reserve Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cbd Belapur
Contact 0
Bank Details Reserve Bank Of India Cbd Belapur RBIS0NMPA01
Location Navi Mumbai, Navi Mumbai
City Navi Mumbai
District Navi Mumbai
State Maharashtra
Pincode 400614
Country IN
Address Plot no.3,sector 10,h.h. Nirmaladevi marg,cbd,belapur, navi mumbai 400614
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 Cbd Belapur 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 Reserve Bank Of India, Cbd Belapur branch makes the system almost error free and faster. Use of Reserve Bank Of India MICR codes for Cbd Belapur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Cbd Belapur

MICR code for RBI Cbd Belapur

RBI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Reserve Bank Of India MICR code for Cbd Belapur 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 RBI Bank for Cbd Belapur branch. MICR code for Cbd Belapur 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 Reserve Bank Of India Cbd Belapur is presented in the table alongside.

Use of Reserve Bank Of India MICR code for Cbd Belapur branch in navi mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Cbd Belapur and Reserve 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 RBI Bank is typically in either of these two font’s: E-138 and CMC-7.