MICR Code Bank
Find MICR code for Rajasthan Marudhara Gramin Bank branches in India for NEFT and RTGS transfer

Rajasthan Marudhara Gramin Bank MICR CODE

Find MICR Codes for Rajasthan Marudhara Gramin Bank

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  1. Rajasthan Marudhara Gramin Bank »
  2. Rajasthan »
  3. nagaur »
  4. bagot »
  5. bagot

Find MICR Codes for Rajasthan Marudhara Gramin Bank

MICR Code: -NA-
Bank: Rajasthan Marudhara Gramin Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Bagot
Contact:
Bank Details: Rajasthan Marudhara Gramin Bank Bagot RMGB0000327
Location: Bagot, Nagaur
City: Bagot
District: Nagaur
State: Rajasthan
Pincode:
Country: IN
Address: V-p- bagot

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 RMGB, branch makes the system almost error free and faster. Use of RMGB MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Rajasthan Marudhara Gramin Bank are available with micr code

>>Bagot

MICR code for Rajasthan Marudhara Gramin Bank

Rajasthan Marudhara Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. RMGB 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 Rajasthan Marudhara Gramin Bank 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 RMGB is presented in the table alongside.

Use of RMGB MICR code for branch in bagot

The MICR code is used in RBI cheque clearing process to identify the branch and RMGB 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 Rajasthan Marudhara Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.