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RBI Shimla Shimla Himachal Pradesh MICR CODE

Find MICR Codes for RBI Shimla Shimla Himachal Pradesh

MICR Code
Bank Reserve Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shimla Regional Office
Contact 177-2629481
Bank Details Reserve Bank Of India Shimla Regional Office RBIS0GOHPEP
Location Shimla, Shimla
City Shimla
District Shimla
State Himachal Pradesh
Pincode 171009
Country IN
Address 40,sda complex,kasumpti,shimla-171009
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 Shimla Regional Office 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, Shimla Regional Office branch makes the system almost error free and faster. Use of Reserve Bank Of India MICR codes for Shimla Regional Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Reserve Bank Of India are available with micr code -

>>Shimla >>Shimla Regional Office

MICR code for RBI Shimla Regional Office

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 Shimla Regional Office 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 Shimla Regional Office branch. MICR code for Shimla Regional Office 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 Shimla Regional Office is presented in the table alongside.

Use of Reserve Bank Of India MICR code for Shimla Regional Office branch in shimla

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shimla Regional Office 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.